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dc.contributor.authorBurriel Llombart, Pablo
dc.contributor.authorMartí Esteve, Francisco
dc.contributor.authorPérez García, Javier José
dc.coverage.spatialZona euro
dc.date.accessioned2019-08-14T07:41:06Z
dc.date.available2019-08-14T07:41:06Z
dc.date.issued2017-09-05
dc.identifier.urihttps://repositorio.bde.es/handle/123456789/8888
dc.descriptionArtículo de revista
dc.description.abstractUnconventional monetary policy measures implemented by the European Central Bank in recent years have helped to reduce interest rates on sovereign debt in the euro area as a whole. In addition to the direct impact on debt servicing payments, monetary policy conduct in the most recent period has had positive macroeconomic effects which have indirectly impacted the cyclical revenue and expenditure items in the government budget. This article approximately quantifies both direct and indirect effects for the main countries in the euro area
dc.language.isoeng
dc.relation.ispartofEconomic bulletin / Banco de España. Analytical articles
dc.relation.ispartofEconomic bulletin / Banco de España , n. 3, 2017, 8 p
dc.relation.hasversionVersión en español 123456789/8278
dc.rightsReconocimiento-NoComercial-CompartirIgual 4.0 Internacional (CC BY-NC-SA 4.0)
dc.rightsIn Copyright - Non Commercial Use Permitted
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/deed.es_ES
dc.rights.urihttp://rightsstatements.org/vocab/InC-NC/1.0/
dc.subjectPolítica monetaria
dc.subjectEconomía de la Unión Europea
dc.subjectSector público
dc.titleThe impact of unconventional monetary policy on euro area public finances
dc.typeArtículo
dc.identifier.bdebib000359808
dc.identifier.bdepubECBU-2017-3B-art26
dc.subject.bdeBancos centrales y otras autoridades monetarias
dc.subject.bdeInstrumentos de la política monetaria
dc.subject.bdeDéficit y deuda públicos
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