The scarcity effect of QE on repo rates: Evidence from the euro area

Author:

Arrata William,Nguyen Benoît,Rahmouni-Rousseau Imène,Vari Miklos

Publisher

Elsevier BV

Subject

Strategy and Management,Economics and Econometrics,Finance,Accounting

Reference47 articles.

1. Excess reserves and monetary policy implementation;Armenter;Rev. Econ. Dyn.,2017

2. Following the imprint of the ECB’s asset purchase programme on global bond and deposit flows;Avdjiev,2019

3. The use of collateral in bilateral repurchase and securities lending agreements;Baklanova,2016

4. A search-based model of the interbank money market and monetary policy implementation;Bech;J. Econ. Theory,2016

5. The mechanics of a graceful exit: interest on reserves and segmentation in the federal funds market;Bech;J. Monet. Econ.,2011

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2. Frictions in scaling up central bank balance sheet policies: How Eurosystem asset purchases impact the repo market;Journal of Banking & Finance;2024-01

3. Evaluation of sight deposits and central bank digital currency;Journal of International Financial Markets, Institutions and Money;2023-10

4. Corporate QE in Europe during the COVID-19 crisis and debt overhang;Journal of International Money and Finance;2023-07

5. Money Market Disconnect;The Review of Financial Studies;2023-04-03

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