Altavilla, Carlo; Lemke, Wolfgang; Linzert, Tobias; … - 2021
This paper summarises the work done by Eurosystem staff in the context of the Strategy Review Seminar on Monetary … Policy Instruments. More specifically, it focuses on the efficacy, efficiency and potential side effects of the key monetary … over time and need to be closely monitored on an ongoing basis. Fourth, the monetary policy toolkit needs to remain …