monetary policy by the European Central Bank (ECB) reduced corporate borrowing costs. We decompose corporate lending rates into … at the district level. ECB purchase programs reduced refinancing costs significantly, even in an economy not specifically …

that ensures that the financial sector does not depend on massive taxpayer financed transfers. The ECB in cooperation with …

the recent debate among economists concerning the question whether the ECB's OMT program is compatible with its mandate. …

of the Federal Constitutional Court of Germany concerning the legality of ECB government bond purchases such as those …

Bid-ask spreads using intraday data reveal significant sensitivity to European Central Bank (ECB) macro announcements … sharply during the minutes surrounding interest rate or other important macroeconomic announcements by the ECB. Both Euro area …

information search patterns, of German citizens on trust in the ECB. We rely on a unique representative public opinion survey of …, about the ECB foster citizens' trust. Specific knowledge about the ECB is more influential than general monetary policy …, especially newspaper reading, has a significantly negative influence on trust. We conclude that the only viable way for the ECB …

the ECB's objective. On the other hand, there is the risk that this situation will lead to a slide into deflation. In view … of the ECB's historically low policy rates, the question arises as to which monetary policy options are available. In … order to counteract possible deflation, primarily unconventional measures remain open to the ECB, such as outright purchases …