The decisions taken during the crisis (and the circumstances that caused them) have reopened the debate on the role of central banks, their objectives, and the adequacy of monetary policy strategies. As is well known, the ECB has been granted exclusive jurisdiction to conduct the monetary policy of the euro area. However, rather than the view of the ECB as being tortured by its own statutes, the European Central Bank has exercised its crucial role as a lender of last resort to support the banking and public sectors, with the ultimate goal of safeguarding the stability of the euro area. In reviewing these issues in the light of the major changes, which have affected the economic and financial environment, we shall attempt a thorough analy...
The global financial crisis – which, in the European Union, has further transformed into the EU sove...
This paper explains how the European Central Bank gained new responsibilities in the European Moneta...
The sovereign debt crisis in the Eurozone has evidenced the shortcomingsoffinancialsupervisionandreg...
The decisions taken during the crisis (and the circumstances that caused them) have reopened the deb...
In the following project I investigate whether or not ensuring financial stability through unconvent...
This chapter suggests that the European Central Bank´s (ECB’s) changed role over the last 10 years c...
This paper focuses on how the lender of last resort function works in the euro area. It argues that ...
The European Central Bank (ECB) has received a lot of criticism for its too little, too late perform...
Since December 2011 the European Central Bank (ECB) has pumped two waves of extra liquidity into the...
In 2007, the certainties that had long guided financial markets evaporated. The financial and sovere...
To complement the ‘no shared liability’ rule and public deficit limits, the Maastricht Treaty gave t...
The sovereign debt crisis has made it clear that central banking is more than keeping inflation low....
Since the beginning of the crisis, politicians, governments and institutions have scrambled to prese...
AbstractThe article presents monetary policy conducted by the European Central Bank in response to t...
The sovereign debt crisis in the Eurozone has evidenced the shortcomings offinancial supervision an...
The global financial crisis – which, in the European Union, has further transformed into the EU sove...
This paper explains how the European Central Bank gained new responsibilities in the European Moneta...
The sovereign debt crisis in the Eurozone has evidenced the shortcomingsoffinancialsupervisionandreg...
The decisions taken during the crisis (and the circumstances that caused them) have reopened the deb...
In the following project I investigate whether or not ensuring financial stability through unconvent...
This chapter suggests that the European Central Bank´s (ECB’s) changed role over the last 10 years c...
This paper focuses on how the lender of last resort function works in the euro area. It argues that ...
The European Central Bank (ECB) has received a lot of criticism for its too little, too late perform...
Since December 2011 the European Central Bank (ECB) has pumped two waves of extra liquidity into the...
In 2007, the certainties that had long guided financial markets evaporated. The financial and sovere...
To complement the ‘no shared liability’ rule and public deficit limits, the Maastricht Treaty gave t...
The sovereign debt crisis has made it clear that central banking is more than keeping inflation low....
Since the beginning of the crisis, politicians, governments and institutions have scrambled to prese...
AbstractThe article presents monetary policy conducted by the European Central Bank in response to t...
The sovereign debt crisis in the Eurozone has evidenced the shortcomings offinancial supervision an...
The global financial crisis – which, in the European Union, has further transformed into the EU sove...
This paper explains how the European Central Bank gained new responsibilities in the European Moneta...
The sovereign debt crisis in the Eurozone has evidenced the shortcomingsoffinancialsupervisionandreg...