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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
Publication

Extending QE: Additional risks for financial stability?

01.01.2017
Publication

Financial innovation and monetary policy: Challenges and prospects

01.05.2017

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