A New Wave of ECB's Unconventional Monetary Policies : Domestic Impact and Spillovers /

ECB President Draghi's Jackson Hole speech in August 2014 arguably marked a new phase of unconventional monetary policies (UMPs) in the euro area. This paper examines the market impact and tranmission channels of this new wave of UMPs using a modified event study framework. They are found to ha...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Varghese, Richard
Weitere Verfasser: Zhang, Yuanyan Sophia
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2018.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2018/011
Online Zugang:Full text available on IMF