Kopafbeelding publicaties CPB


Effects of Unconventional Monetary Policy on European Corporate Credit

In this paper we investigate whether the targeted longer-term refinancing operations (TLTRO) and the asset purchase program (APP) led to lower interest rates on new corporate credit, and whether the signalling channel and the capital relief channel played any role in the transmission of these ECB policies.

CPB Discussion Paper 372 | 6 February 2018

22 pages | pdf document, 383.8 KB

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The price of free advice

What factors determine how well consumers make their actual choices with regard to financial products?

CPB Discussion Paper 66 | 5 July 2006

40 pages | pdf document, 208.5 KB

ISBN 9789058332813 | Go to publication

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