The Scarcity Effect of Quantitative Easing on Repo Rates : Evidence from the Euro Area /
Most short-term interest rates in the Euro area are below the European Central Bank deposit facility rate, the rate at which the central bank remunerates banks' excess reserves. This unexpected development coincided with the start of the Public Sector Purchase Program (PSPP). In this paper, we...
| المؤلف الرئيسي: | |
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| مؤلفون آخرون: | , , |
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
2018.
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| سلاسل: | IMF Working Papers; Working Paper ;
No. 2018/258 |
| الوصول للمادة أونلاين: | Full text available on IMF |