References
- Angeloni, I. and D. Gros (2022), How can the ECB deal with the risk of fragmentation?, CEPS Policy Insights, 2022-27.
- Arnold, I. and C. Kool (2004), The Role of Inflation Differentials in Regional Adjustment: Evidence from the United States, Credit and Capital Markets, 37(1), 62-85.
- Bernoth, K., J. von Hagen and L. Schuknecht (2012), Sovereign risk premiums in the European government bond market, Journal of International Money and Finance, 31(5), 975-995.
- Bernoth, K., S. Dietz, I. Gökhan and R. Lastra (2022), The ECB’s Transmission Protection Instrument: A legal & economic analysis, Monetary Dialogue Papers, European Parliament.
- Claeys, G., M. Demertzis and L. Guetta-Jeanrenaud (2022), Fragmentation risk in the euro area: no easy way out for the European Central bank, Monetary Dialogue Papers, European Parliament.
- De Grauwe, P. and Y. Ji (2013), From panic-driven austerity to symmetric macroeconomic policies in the Eurozone, Journal of Common Market Studies, 51.
- ECB (2022a, 9 June), Combined monetary policy decisions and statement, European Central Bank, https://www.ecb.europa.eu/press/pressconf/shared/pdf/ecb.ds220609~7434064bed.en.pdf (13 September 2023).
- ECB (2022b, 15 June), Statement after the ad hoc meeting of the ECB Governing Council, European Central Bank, https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220615~2aa3900e0a.en.html (13 September 2023).
- ECB (2022c, 21 July), Monetary policy decisions, Press Release, https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.mp220721~53e5bdd317.en.html (13 September 2023).
- ECB (2022d, 21 July), The Transmission Protection Instrument, Press Release, https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220721~973e6e7273.en.html (13 September 2023).
- Eijffinger, S. and M. Pieterse-Bloem (2022), Eurozone government bond spreads: a tale of different ECB policy regimes, CEPR Press Discussion Paper, 17533.
- Feld, L., C. Fuest, V. Wieland, J. Haucap, H. Schweitze and B. Wigger (2022, 27 July), The ECB’s toxic bond-purchase program, Project Syndicate.
- Financial Times (2020, March 13), Lagarde triggers investor jitters as ECB launches virus response.
- Havlik, A., F. Heinemann, S. Helbig and J. Nover (2022), Dispelling the shadow of fiscal dominance? Fiscal and monetary announcement effects for euro area sovereign spreads in the corona pandemic, Journal of International Money and Finance, 122.
- Heimberger, P. (2023), Debt sustainability analysis as an anchor in EU fiscal rules, Paper prepared for the European Parliament.
- Kleidon, A. W. (1986), Variance bounds tests and stock price valuation models, Journal of Political Economy, 94(5), 953-1001.
- Lombardi, D., P. Siklos and S. St. Amand (2018), A survey of the international evidence and lessons learned about unconventional policies: is a ‘new normal’ in our future?, Journal of Economic Surveys, 32(5).
- Stevenson, B. and J. Wolfers (2023), Principles of Economics, 2nd edition, Macmillan.
- Wright, J. (2019), Comment on “Measuring euro area monetary policy”, Journal of Monetary Economics, 108.
- Wyplosz, C. (2011), Debt sustainability assessments: mission impossible, Review of Economics and Institutions, 2(3), 1-37.