Cash is King – Effects of ECB’s Conventional and Unconventional Measures

In this paper we distinguish the responses of conventional and unconventional monetary policy measures on macroeconomic variables, using a high frequency data set which measures the impact of the ECB's monetary policy decisions. For the period 2002:01 to 2019:06 we show that unconventional and...

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Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 23-2019)
Main Authors:	Baumgärtner, Martin, Klose, Jens
Format:	Article
Language:	English
Published:	Philipps-Universität Marburg 2019
Subjects:	Wirtschaft ECB High-Frequency Data Unconventional Monetary Policy Economics
Online Access:	PDF Full Text
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