Fiedler, Salomon; Hanisch, Isabel; Jannsen, Nils; … - In: Credit and Capital Markets – Kredit und Kapital 50 (2017) 4, pp. 455-488
The ECB has adopted a variety of unconventional monetary policy measures since the Global Financial Crisis. In this paper, we assess the effectiveness of unconventional monetary policy measures based on a review of the empirical literature and on theoretical considerations. Empirical assessments...