Schaaf, Jürgen - In: Vierteljahrshefte zur Wirtschaftsforschung 86 (2017) 2, pp. 21-39
Every initiative that potentially increases the effectiveness of monetary policy is welcome. The European Union’s Capital Markets Union (CMU) project is potentially a point in case, even though monetary policy is not a policy target of CMU. Increasingly developed capital markets in the EU are...
