Similar Search Results

Unconventional monetary policy in the euro zone

Driffill, John - 2015

Persistent link: https://www.econbiz.de/10011549958

Unconventional monetary policy in a currency union with segmentation in the market for government debt

Tischbirek, Andreas - 2016

Persistent link: https://www.econbiz.de/10011563989

The macroeconomic impact of unconventional monetary policy shocks : conference paper

Meinusch, Annette; Tillmann, Peter - 2014

With the Federal Funds rate approaching the zero lower bound, the U.S. Federal Reserve adopted a range of unconventional monetary policy measures known as Quantitative Easing (QE). Quantifying the impact QE has on the real economy, however, is not straightforward as standard tools such as VAR...

Persistent link: https://www.econbiz.de/10010482445

Mixing QE and interest rate policies at the effective lower bound : micro evidence from the euro area

Bittner, Christian; Rodnyansky, Alexander; Saidi, Farzad; … - 2021 - First version: June 15, 2021, this version: October 12, 2021

In the presence of negative monetary-policy rates and a zero lower bound on deposit rates, banks that are more exposed to central banks' asset-purchase programs reduce their lending to the real economy by more than their counterparts. When banks face a lower bound on customer deposit rates, an...

Persistent link: https://www.econbiz.de/10012649768

Sliding down the slippery slope? Trends in the rules and country allocations of the eurosystem's PSPP and PEPP

Havlik, Annika; Heinemann, Friedrich - In: Credit and capital markets : Kredit und Kapital 54 (2021) 2, pp. 173-197

Persistent link: https://www.econbiz.de/10012626513

The consequences of unconventional monetary policy in euro area in times of monetary easing

Pažický, Martin - In: Oeconomia Copernicana 9 (2018) 4, pp. 581-615

Persistent link: https://www.econbiz.de/10012230243

Global impact of US and euro area unconventional monetary policies : a comparison

Chen, Qianying; Lombardi, Marco; Ross, Alex; Zhu, Feng - 2017

Persistent link: https://www.econbiz.de/10011613469

The impact of the ECB asset purchases on the European bond market structure: granular evidence on ownership concentration

Boermans, Martijn; Keshkov, Viacheslav - 2018

Persistent link: https://www.econbiz.de/10011844664

Underpricing in the euro area corporate bond market : new evidence from post-crisis regulation and quantitative easing

Rischen, Tobias; Theissen, Erik - 2018

We conduct the most extensive study of underpricing in the euro area bond market so far and find strong evidence of underpricing. In cross-sectional regressions we find patterns that are consistent with bookbuilding-based theories of underpricing and inconsistent with liquidity-based...

Persistent link: https://www.econbiz.de/10011879015

Unconventional monetary policy and inflation expectations in the euro area

Aßhoff, Sina; Belke, Ansgar; Osowski, Thomas - 2020

Auswirkungen der unkonventionellen Geldpolitik ist nicht trivial, da standardisierte empirische Instrumente wie die VAR … Problem zu lösen. Wir stellen fest, dass die unkonventionelle Geldpolitik zwar kurzfristig zu einem Anstieg der … beigetragen hat. Dennoch deuten sie auf einen durch die unkonventionelle Geldpolitik ausgelösten Anstieg des mittelfristigen …

Persistent link: https://www.econbiz.de/10012149519