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This paper provides a comprehensive overview of the use of the Eurosystem's monetary policy instruments and the operational framework from the second quarter of 2016 to the last quarter of 2017. It reviews the context of Eurosystem market operations; the design and operation of the Eurosystem's...
Persistent link: https://www.econbiz.de/10011972272
, patterns of reserve fulfilment, outright asset purchase programmes, as well as the impact of the ECB's monetary policy …
Persistent link: https://www.econbiz.de/10011804691
This paper provides a comprehensive overview of the use of the Eurosystem's monetary policy instruments and the operational framework from the second quarter of 2016 to the last quarter of 2017. It reviews the context of Eurosystem market operations; the design and operation of the Eurosystem's...
Persistent link: https://www.econbiz.de/10012920177