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The international effects of ECB’s monetary policy

Merler, Silvia, (2017), “The international effects of ECB’s monetary policy”, Bruegel, 24 Ιουλίου

What’s at stake: the literature on monetary policy spillovers is abundant of studies investigating the impact of the US Federal Reserve’s monetary policy announcements and actions on emerging market economies. More recently, economists have been investigating the effect of the ECB’s credit easing as well.

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