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...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2018.
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Series: | IMF Working Papers; Working Paper ;
No. 2018/011 |
Online Access: | Full text available on IMF |