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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Stavrev, Emil
अन्य लेखक: Cihak, Martin, Harjes, Thomas
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2009.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2009/185
ऑनलाइन पहुंच:Full text available on IMF