Ademmer, Martin; Jannsen, Nils - In: Applied Economics 50 (2018) 34-35, pp. 3787–3797
. It has not yet rebounded to its pre-crisis trend despite the very expansionary monetary policy measures of the ECB. We … analyse the sluggish recovery in business investment in the euro area and the role of monetary policy in three steps. We … discuss how effective monetary policy has been in stimulating business investment since the Global Financial Crisis. We …