Policy impact studies often suffer from endogeneity problems. Consider the case of the ECB Securities Markets Programme … been ineffective, or worse counterproductive. We use high frequency data on purchases of the ECB Securities Markets …

We evaluate the ECB’s monetary policy strategy against the underlying economic structure of the euro area economy, in … side and to the transmission mechanism which complicated the policy process. Emphasis on monetary indicators in the ECB … inflation and growth. After the collapse of financial intermediation in late 2008, the strategy of the ECB was to preserve the …

households, we investigate these questions for the case of the European Central Bank (ECB). Our findings suggest that knowledge … on the ECB’s objectives is far from perfect. Both a weak desire to be informed and unawareness of insufficient knowledge …

and to anticipate monetary policy by the ECB? Using a database of surveys of professional ECB policy forecasters in 24 …

, and thus an important factor for its credibility and policy effectiveness. This paper analyses the coverage which ECB … that the press critically discusses the ECB’s policy decisions in the context of prior market expectations and of the … inflation environment, and that the media’s coverage of decisions is generally highly responsive to ECB communication – in …

assessment of the performance of the Economic Analysis conducted at the ECB both in the run up to and since the onset of the …

assessment of the performance of the Economic Analysis conducted at the ECB both in the run up to and since the onset of the …