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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Stavrev, Emil
مؤلفون آخرون: Cihak, Martin, Harjes, Thomas
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2009.
سلاسل:IMF Working Papers; Working Paper ; No. 2009/185
الوصول للمادة أونلاين:Full text available on IMF