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    • Publications (6)
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  • Tags: unconventional monetary policy
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  1. Publication

    Should They Stay or Should They Go? Negative Interest Rate Policies Under Review

    10.06.2021

    Negative interest rate policies (NIRP) have become an established monetary policy instrument in the toolkit of the ECB. We discuss NIRP in the euro area

  2. Publication

    TARGET (im-)balances at record level: Should we worry?

    01.11.2017

    We take stock of the current evidence on fragmentation in financial markets in the  euro area and discuss policy options to facilitate further inte

  3. Publication

    The corporate sector purchase programme (CSPP): Challenges and future prospects

    01.09.2017

    We take stock of the current evidence on fragmentation in financial markets in the  euro area and discuss policy options to facilitate further inte

  4. Publication

    Announcements of ECB Unconventional Programs: Implications for the Sovereign Spreads of Stressed Euro Area Countries

    01.05.2015

    This paper studies the effects of ECB communications about unconventional monetary policy operations on the perceived sovereign risk of Italy over the last five years. More than fifty events concerning non-standard operations are identified and...

  5. Publication

    Announcements of ECB Unconventional Programs: Implications for the Sovereign Risk of Italy

    20.08.2013

    This paper studies the effects of ECB communications about unconventional monetary policy operations on the perceived sovereign risk of Italy over the last five years. More than fifty events concerning non-standard operations are identified and...

  6. Publication

    Transmission channels of the unconventional monetary policy in the euro area: Where do we stand

    01.11.2016

    We take stock of the current evidence on fragmentation in financial markets in the  euro area and discuss policy options to facilitate further inte

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