2024-03-28T16:32:01Zhttps://repositorio.bde.es/oai/requestoai:repositorio.bde.es:123456789/88882023-12-22T15:29:59Zcom_123456789_21com_123456789_5865com_123456789_5861col_123456789_5901col_123456789_5946
The impact of unconventional monetary policy on euro area public finances
Burriel, Pablo
Martí, Francisco
Pérez, Javier J.
Política monetaria
Economía de la Unión Europea
Sector público
Artículo de revista
Unconventional 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
2017-09-14
Artículo
https://repositorio.bde.es/handle/123456789/8888
eng
Economic Bulletin / Banco de España, 3/2017
Versión en español 123456789/8278
https://creativecommons.org/licenses/by-nc-sa/4.0/deed.es_ES
http://rightsstatements.org/vocab/InC-NC/1.0/
Reconocimiento-NoComercial-CompartirIgual 4.0 Internacional (CC BY-NC-SA 4.0)
In Copyright - Non Commercial Use Permitted
Zona euro