Borrowing time : the ECB’s pandemic emergency purchase programme

  • When Christine Lagarde announced her first, moderate rescue package, she called upon member states to provide fiscal aid. But the markets showed to have lost confidence in fiscal policy. In the absence of strong monetary policy signals, the slide continued until Lagarde in her second attempt opened the floodgates.

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Metadaten
Author:Matthias Goldmann
URN:urn:nbn:de:hebis:30:3-549762
DOI:https://doi.org/10.17176/20200328-002904-0
Parent Title (German):Verfassungsblog
Publisher:Verfassungsblog.de
Place of publication:Berlin
Document Type:Article
Language:English
Year of Completion:2020
Date of first Publication:2020/03/27
Publishing Institution:Universitätsbibliothek Johann Christian Senckenberg
Release Date:2020/07/01
Tag:Coronavirus; ECB; PPEP; monetary policy
Issue:2020/3/27
Page Number:5
First Page:1
Last Page:5
Note:
LICENSED UNDER CC BY NC ND
HeBIS-PPN:467360367
Institutes:Rechtswissenschaft / Rechtswissenschaft
Wissenschaftliche Zentren und koordinierte Programme / Sustainable Architecture for Finance in Europe (SAFE)
Dewey Decimal Classification:3 Sozialwissenschaften / 34 Recht / 340 Recht
Sammlungen:Universitätspublikationen
Licence (German):License LogoCreative Commons - Namensnennung-Nicht kommerziell - Keine Bearbeitung 4.0