Fragmentation and Monetary Policy in the Euro Area /

The ECB has taken a range of actions to address bank funding problems, eliminate excessive risk in sovereign markets, and safeguard monetary transmission. But euro area financial markets have remained fragmented, driving retail interest rates in stressed markets far above those in the core. This has...

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Bibliografische gegevens
Hoofdauteur: Al-Eyd, Ali
Andere auteurs: Berkmen, Pelin
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2013.
Reeks:IMF Working Papers; Working Paper ; No. 2013/208
Online toegang:Full text available on IMF