Monetary policy and bank lending in euro area since the outset of the global financial crisis
In this article, we present the impact of the monetary policy stance of the European Central Bank (ECB) since 2007 on bank lending in the euro area and compare the effects of the main measures: interest rate changes, liquidity provision, and asset purchase programmes. We also analyse the channels th...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2021-01-01
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| Series: | Panoeconomicus |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2021/1452-595X1900010W.pdf |