Quantitative Easing in the Eurozone: a One-Year Assessment

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• 作者：Frank van Lerven
• 刊名：Intereconomics
• 出版年：2016
• 出版时间：July 2016
• 年：2016
• 卷：51
• 期：4
• 页码：237-242
• 全文大小：145 KB
• 刊物主题：Economic Policy; European Integration; Social Policy; Labor Economics;
• 出版者：Springer Berlin Heidelberg
• ISSN：1613-964X
• 卷排序：51

文摘

By pumping trillions of euros into the eurozone’s financial system, the ECB’s quantitative easing programme intends to indirectly alter the private sector’s borrowing and spending behaviour. After more than a year since its initial inception, a review of the programme’s impact reveals that policy makers should think twice before further expanding the programme–and could benefit from considering more direct ways of increasing spending in the real economy.