Rösl, Gerhard; Tödter, Karl-Heinz - In: ifo DICE report 15 (2017) 1, pp. 5-8
In the aftermath of the global financial and economic crisis, the ECB became deeply involved in activities aimed at stabilizing the financial system, over-leveraged banks, and over-indebted governments. This article addresses the costs of these monetary policy measures, which heavily exceed the...
