Haku

Since its inception the Eurosystem has implemented its monetary policy through credit operations conducted as tenders. In these operations, the Eurosystem grants credit against collateral to euro area banks in order to ...

Eurojärjestelmä on alkuajoistaan lähtien toteuttanut rahapolitiikkaansa huutokauppamuotoisten luotto-operaatioiden avulla. Luotto-operaatioissa eurojärjestelmä myöntää euroalueen pankeille lainoja vakuuksia vastaan ...

We evaluate the effects of targeted credit injections of the central bank in the euro area. The aggregate policy impacts of credit easing on financial markets, bank lending and key macroeconomic variables are measured with ...