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Autor:
Andrejs Zlobins
Publikováno v:
Baltic Journal of Economics, Vol 20, Iss 2, Pp 187-217 (2020)
This paper evaluates the macroeconomic effects of the European Central Bank's (ECB) Expanded asset purchase programme (APP) on Latvia and other euro area jurisdictions and investigates the cross-border transmission mechanism. To that end, we employ t
Externí odkaz:
https://doaj.org/article/dd8b83c16a2e402485145e2ac7e8c389
Autor:
Andrejs Zlobins
Publikováno v:
Empirical Economics. 61:2587-2611
This paper evaluates the macroeconomic effects of the European Central Bank’s (ECB) forward guidance (FG) in the euro area and analyses its interaction with asset purchases. To that end, we employ a battery of structural vector autoregressions (VAR