Heterogeneous Effects of Unconventional Monetary Policy on Financial Stability in the Euro Area
The European Central Bank (ECB) has been using unconventional monetary policy (UMP) since 2009, but the set of measures and their scale have varied significantly over the years. Until 2022, the measures were stimulatory and gradually expanded to increase aggregate demand in the economy. However, sin...
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| Autor principal: | |
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| Formato: | Artigo |
| Idioma: | Inglês |
| Publicado em: |
Russian Academy of Sciences, Institute of Europe
2025-04-01
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| Colecção: | Современная Европа |
| Assuntos: | |
| Acesso em linha: | http://www.sov-europe.ru/images/pdf/2025/2-2025/Mukhametov-2-25.pdf |
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