Cawley, Cormac; Finnegan, Marie - In: Economies 7 (2019) 4, pp. 1-25
The European Central Bank (ECB) engaged in an expanded asset purchase programme (APP) from 2014 to 2018 to help achieve their primary objective of price stability. Total assets purchased over this period was over €2.5 trillion and new net purchases ended in December 2018. This paper identifies...