15 Jun 2016

Effectiveness of the ECB programme of asset purchases

Where do we stand?

Daniel Gros

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More than one year after the first implementation of the ECB programme of asset purchases, it is appropriate to assess its effectiveness and discuss pros and cons of potential further expansions. An inprovided in this compilation. The notes depth analysis by key monetary experts is have been requested by the Committee on Economic and Monetary Affairs as an input for the June 2016 session of the Monetary Dialogue.