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Do QE programmes create bubbles?

1 March 2016 0

By Christophe Blot, Paul Hubert and Fabien Labondance Has the implementation of unconventional monetary policies since 2008 by the central banks created new bubbles that […]

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Is the ECB impotent?

6 January 2015 0

Christophe Blot, Jérôme Creel, Paul Hubert and Fabien Labondance In June 2014, the ECB announced a set of new measures (a detailed description of which is provided in […]

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Why a negative interest rate?

24 June 2014 0

Christophe Blot and Fabien Labondance As expected, on 5 June 2014 the European Central Bank (ECB) unleashed an arsenal of new unconventional measures. The aim is […]