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...
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| Altres autors: | , |
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2020.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2020/046 |
| Accés en línia: | Full text available on IMF |