The ECB, Between Conservatism and Pragmatism
The 2008 and 2011 crises have durably affected the conditions of monetary policy transmission, particularly in the euro area. However, it is generally considered that the European Central Bank’s (ECB) monetary policy truly became unconventional only at a late stage. Our contribution is threefold. We...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2016-01-01
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Series: | Journal of Central Banking Theory and Practice |
Subjects: | |
Online Access: | https://doi.org/10.1515/jcbtp-2016-0002 |