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Conventional Direction to Unconventional Measures: Using Quantitative Easing to shape Eurozone Fiscal Capacity
(Olimpia Fontana and Simone Vannuccini/Essay)
(Olimpia Fontana and Simone Vannuccini/Essay)
... of the current ‘decentralized’ fiscal policy in the EZ. In a nutshell, we suggest a change in the composition of QE asset purchases, focusing on buying European Investment Bank (EIB) bonds that, in turn, ...