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Ecb policies and 10 years of liquidity management: the road to Qe exit

Alberto Banfi and Fiorenzo Di Pasquali
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Alberto Banfi: Università Cattolica, Milano
Fiorenzo Di Pasquali: Università Cattolica, Milano

BANCARIA, 2017, vol. 7, 37-46

Abstract: Ecb unconventional policies after 2007 have been continuously adapted to changing goals: a deep recession, markets freeze, credit supply, deflationary pressures, with different impacts in the 19 countries. In 2018 the Qe exit strategy must take in account the strenght of the recovery and the inflation rate, with a possible impact on sovereign markets

JEL-codes: E50 G10 (search for similar items in EconPapers)
Date: 2017
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