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Persistent link: https://www.econbiz.de/10010255130
This paper provides a first preliminary assessment of the recent two 3-year long-term refinancing operations (3Y LTROs) conducted by the ECB by putting them into a broader context. The perspective taken is that prevailing in the first half of the year 2012, directly after the path-breaking ECB...
Persistent link: https://www.econbiz.de/10010255141
(ESCB) has agreed to the temporary transfer of the national central bank’s gold to a debt agency in full independence. This … (SMP) and its recently announced Outright Monetary Transactions (OMTs). Namely, a central bank using its balance sheet to …
Persistent link: https://www.econbiz.de/10010255196
is conducted in terms of the adoption of forward guidance on interest rates by the European Central Bank (ECB), the ECB … gegenwärtig stark verändernden Geldpolitik. Die Diskussion wird geführt im Hinblick auf die Verwendung eines Zinsausblicks … Geldpolitik der EZB. …
Persistent link: https://www.econbiz.de/10010259542
. Tatsächlich wird die Geldpolitik der EZB durch die neuen Kommunikationsinstrumente berechenbarer und kann entsprechend leichter …, with an eye on the bank's steadily growing responsibilities? Should the ECB stick to the instrument of forward guidance …
Persistent link: https://www.econbiz.de/10010370748
exit from unconventional monetary policies (UMP) by the Fed, which, appears to be the first central bank to lay out an …
Persistent link: https://www.econbiz.de/10010371341
"true" forecasts of real time data for several periods are employed. -- European Central Bank ; monetary policy ; real time …
Persistent link: https://www.econbiz.de/10003872913
¿ forecasts of real time data for several periods are employed. -- European Central Bank ; monetary policy ; real time data …
Persistent link: https://www.econbiz.de/10003877669
Persistent link: https://www.econbiz.de/10001762786