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policy of extremely low rates has been heavily criticized in Germany. The ECB is accused of exaggeratedly lowering the income … policy against the critiques in Germany. The main arguments of defense used by the ECB are:- Low interest rates would be the …
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“normal” business and interest rate cycle. The empirical estimates presented refer to Germany. …
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“normal” business and interest rate cycle. The empirical estimates presented refer to Germany. …
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