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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Bergant, Katharina
Muut tekijät: Fidora, Michael, Schmitz, Martin
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2020.
Sarja:IMF Working Papers; Working Paper ; No. 2020/046
Linkit:Full text available on IMF