Claeys, Gregory, Leandro, Alvaro, (2016), “The European Central Bank’s quantitative easing programme: limits and risks”, Bruegel publications, 15 February
The ECB has made a series of changes to its QE programme in order to expand the universe of purchasable assets and have more flexibility in the execution of the programme. However this might not be enough to sustain QE throughout 2017. The extension of the programme also raises questions about its potential adverse consequences.
- Miscossi, St., (2015), “The Monetary Policy of the European Central Bank (2002-2015)”, CEPS Special Report, 22 May 2015.
- Claeys, G., Leandro, A. & Mandra, A. (2015) “European Central Bank quantitative easing: the detailed manual“, Bruegel Institute, 11 March.