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Whatever it takes: The Real Effects of Unconventional Monetary Policy
Acharya, Viral (Indian Institute of Management, Ahmedabad, 2016-08-04)On July 26, 2012 the ECB’s President Mario Draghi announced to do “whatever it takes” to preserve the Euro and subsequently launched the Outright Monetary Transactions (OMT) Program, which led to a significant increase in ...