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Published on Monday, May 12, 2014

The ECB: preliminary remarks on a hypothetical QE

Quantitative easing impacts real interest rates through five distinct channels, defined as signalling, targeting, liquidity, credit and inflation

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140513_Europe_EW_ECB_QE_tcm348-449852.pdf English May 12, 2014
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BBVA ResearchEconomist

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Europe

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