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All monetary policy has become ‘unconventional’. Egmont Commentary, 4 June 2014

Verhelst, Stijn (2014) All monetary policy has become ‘unconventional’. Egmont Commentary, 4 June 2014. [Policy Paper]

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    The European Central Bank finally seems ready to counter the low inflation in the eurozone. The ECB appears to have determined an order of play, in which it first exhausts ‘conventional’ monetary policy, before perhaps turning to ‘unconventional’ policy. This commentary argues that, due to the crisis, all monetary policy has actually become highly unconventional. The division between conventional and unconventional should hence not be a basis for the ECB’s policy choices.

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    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 > Egmont : Royal Institute for International Affairs > Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 05 Feb 2018 14:34
    Number of Pages: 1
    Last Modified: 05 Feb 2018 14:34

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