Fratzscher, Marcel - In: CESifo economic studies : CESifo, a joint initiative of … 62 (2016) 1, pp. 68-87
The actions by the European Central Bank (ECB) during the global and European crises have triggered a highly controversial debate, in particular in Germany, about the costs and benefits of the chosen policy path. The article reviews, compares, and evaluates the different arguments made in favor...
