Money matters? Perspectives on Monetary Policy
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Author :
The ECB Asset Backed Securities Purchase Program
Francesco Papadia
September 30, 2014
2 Comments
In a previous post I concluded that: “…while it is not easy to design and implement an effective...
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Liquidity supply and demand in the €-area: a schematic approach
Francesco Papadia
September 16, 2014
3 Comments
In his last press conference, Draghi said that the ECB foresees to bring back the size of its...
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Central bank profits and multiple equilibria
Francesco Papadia
September 01, 2014
0 Comment
The theoretical and empirical realisation that economies are subject to multiple equilibria can help understand a number of...
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Relative pain in Ukraine
Francesco Papadia
July 24, 2014
0 Comment
Events around Ukraine are clearly damaging the economies of both Russia and the western countries, in particular Europe and...
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About elephants and ABS
Francesco Papadia
July 17, 2014
0 Comment
It is 14 months1 since the President of the ECB has announced in May 2013 the intention of the central bank...
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