Negative effects of ECB monetary policy

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The November 2016 expert survey of the Centre for Macroeconomics (CFM) and the Centre for Economic Policy Research (CEPR) invited views on a recent report by the German Council of Economic Experts (Sachverständigenrat), which argues that the current monetary policy of the European Central Bank (ECB) is no longer appropriate and that it is masking structural problems in Eurozone countries. Wouter Den Haan, Ethan Ilzetzki, Martin Ellison, Michael McMahon and Ricardo Reis review the survey results in an article on VoxEU.org.

The CFM CEPR survey is published here;
My comments are available here.

Dit bericht is geplaatst in ECB, EU, euro, Financiële sector, internationale economie, kredietcrisis, macroeconomie, monetair, rente, Sylvester. Bookmark de permalink.