Abstract
In times of extraordinary financial
markets tensions, the Ecb can make
use of unconventional monetary
policy that are by definition
exceptional and temporary in
nature.These measures aim to
preserve credit flows to the euro
area economy and to introduce new
liquidity management instruments.
Translated title of the contribution | [Autom. eng. transl.] The operations of the European Central Bank in the years of the crisis |
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Original language | Italian |
Pages (from-to) | 86-96 |
Number of pages | 11 |
Journal | BANCARIA |
Volume | 2012 |
Publication status | Published - 2012 |
Keywords
- banca centrale
- operazioni di mercato aperto