An event-study analysis of ECB balance sheet policies since October 2008

Author (Corporate)
Publisher
Series Title
Series Details No.1, July 2015
Publication Date 01/07/2015
ISBN 978-92-79-48737-8
ISSN 2443-8030
EC KC-BE-15-001-EN-N
Content Type

Summary:

Since the financial and economic crisis, many leading central banks have had to turn to unconventional monetary policies. This paper analyses the immediate impacts on financial conditions of some of the balance sheet policies used by the European Central Bank between October 2008 and January 2015, including its Securities Markets Programme and its Expanded Asset Purchase Programme.

Written by Lucian Briciu, Giulio Lisi

Source Link http://dx.publications.europa.eu/10.2765/844347
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