Lenza, Michele; Pill, Huw; Reichlin, Lucrezia - 2021
, the Federal Reserve and the Bank of England. In particular, the paper discusses the design, implementation and impact of … so-called "non-standard" monetary policy measures focusing on those introduced in the euro area in the aftermath of the … market spreads, we propose an empirical exercise intended to quantify the macroeconomic impact of non-standard monetary …