International Capital Flows at the Security Level : Evidence from the ECB's Asset Purchase Programme /

We analyse euro area investors' portfolio rebalancing during the ECB's Asset Purchase Programme at the security level. Our empirical analysis shows that euro area investors (in particular investment funds and households) actively rebalanced away from securities targeted under the Public Se...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Bergant, Katharina
مؤلفون آخرون: Fidora, Michael, Schmitz, Martin
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2020.
سلاسل:IMF Working Papers; Working Paper ; No. 2020/046
الوصول للمادة أونلاين:Full text available on IMF