Euro Area Monetary Policy in Uncharted Waters /
We analyze the European Central Bank's (ECB's) response to the global financial crisis. Our results suggest that even during the crisis, the core part of ECB's monetary policy transmission-from policy rates to market rates-has continued to operate, but at a decreased efficiency. We al...
| Yazar: | Stavrev, Emil |
|---|---|
| Diğer Yazarlar: | Cihak, Martin, Harjes, Thomas |
| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2009/185 |
| Online Erişim: | Full text available on IMF |
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