Link to the University of Pittsburgh
Link to the University Library SystemContact us link
AEI Banner

Low interest rates: Is the ECB’s policy correct? Bertelsmann Stiftung EUROPA Briefing 2017

Ständer, Philipp (2017) Low interest rates: Is the ECB’s policy correct? Bertelsmann Stiftung EUROPA Briefing 2017. [Policy Paper]

[img] PDF - Published Version
Download (1281Kb)

    Abstract

    Since 2013, inflation in the euro area has been too low. In order to revive the economy and bring inflation back to target, the European Central Bank has implemented a low interest-rate policy which includes a bond-buying programme known as quantitative easing or QE. The ECB’s measures, including historically ultra-low interest rates, also bear risks. For example, some observers fear the formation of a bubble in real estate and stock markets or complain about one-sided capital gains for wealthy households

    Export/Citation:EndNote | BibTeX | Dublin Core | ASCII (Chicago style) | HTML Citation | OpenURL
    Social Networking:
    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > monetary policy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bertelsmann Stiftung/Foundation (Gutersloh, Germany) > Europa Briefing​
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 27 Feb 2020 13:34
    Number of Pages: 5
    Last Modified: 27 Feb 2020 13:50
    URI: http://aei.pitt.edu/id/eprint/102539

    Actions (login required)

    View Item

    Document Downloads