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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Stavrev, Emil
Rannpháirtithe: Cihak, Martin, Harjes, Thomas
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2009.
Sraith:IMF Working Papers; Working Paper ; No. 2009/185
Rochtain ar líne:Full text available on IMF