Ewerhart, Christian (contributor); Cassola, Nuno (contributor) - 2006
are shown to be consistent with the data for the euro
area.
JEL classification codes: D44, E52
Keywords: Open market … participate
in open market operations.
To see this point, consider a typical bidder who is active both in the pri-
mary and in the … implementation.
From a theoretical perspective, open market operations are auctions of a
perfectly divisible good or auctions of …