An Interest Stabilisation Mechanism to Unburden the ECB |
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Authors: | Arnold Ivo |
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Affiliation: | 1.Erasmus School of Economics, Burgemeester Oudlaan 50, 3062, PA Rotterdam, Netherlands ; |
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Abstract: | Intereconomics - Following the twin crises of sovereign debt and COVID-19, the ECB risks being stuck in a situation of fiscal dominance, in which monetary policy is subordinated to the needs of... |
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