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A scarcity of government bonds could pose problems for the ECB’s quantitative easing programme

Doukas, John (2015) A scarcity of government bonds could pose problems for the ECB’s quantitative easing programme. LSE European Politics and Policy (EUROPP) Blog (04 Mar 2015). Website.

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Abstract

The European Central Bank’s quantitative easing programme is scheduled to start this month. John Doukas writes that while the programme might well boost EU economies, there remain significant question marks over whether it is sufficient to generate substantial growth in struggling Eurozone countries. He also notes that a scarcity of government bonds could pose problems, and that the ECB should be prepared to pay higher prices for the purchase of government securities.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2015 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
J Political Science > JN Political institutions (Europe)
Date Deposited: 29 Mar 2017 13:24
Last Modified: 15 Sep 2023 19:55
URI: http://eprints.lse.ac.uk/id/eprint/71455

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