Re-examining the ECB’s two-pillar monetary policy strategy: Are there any deviations during and the pre-financial crisis periods?
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DOI: 10.1007/s10663-016-9339-1
Abstract: This paper addresses the extent to which the ECB rate setting responded to inflation and monetary growth in the run up to, and during, the financial crisis of the late 2000s. The analysis covers the… read more here.
Keywords: policy; financial crisis; monetary growth; rate ... See more keywords