Afonso, António; Arghyrou, Michael Georgiou; Gadea, … - 2017
bond markets in the euro area over the period January 1999 to July 2016. Second, we estimate the impact of ECB policy …, but also indirectly through changes in banking risk. Overall, the actions of the ECB have operated as catalysts for …This paper investigates the role of unconventional monetary policy as a source of time-variation in the relationship …