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Collections :	Ιδρυματικό Αποθετήριο ΟΠΑ / AUEB Institutional Repository Σχολή Οικονομικών Επιστημών / School of Economics Τμήμα Διεθνών και Ευρωπαϊκών Οικονομικών Σπουδών / Department of International and European Economic Studies Μεταπτυχιακές Εργασίες / Postgraduate dissertations

Title :	European Central Bank and the impact of quantitative easing in Eurozone

Creator :	Τσάμης, Ευάγγελος-Λεωνίδας

Contributor :	Κατσίμη, Μαργαρίτα (Επιβλέπων καθηγητής) Καλυβίτης, Σαράντης (Εξεταστής)

Type :	Text

Language :	en

Identifier :	http://www.pyxida.aueb.gr/index.php?op=view_object&object_id=6844

Abstract :	The aim of the current thesis is to describe the functions of European Central Bank and investigate the impact of quantitative easing (QE) in the Eurozone. For that purpose economic data were collected for 10 countries of the Eurozone that were part of ECB’s quantitative easing for the period between 2012 and 2018. For these countries, through the use of panel data regressions, the impact of quantitative easing on unemployment, GDP and the rates of 10-year government bonds was examined. The results of the thesis verify that QE had a positive effect on the economies of the Eurozone countries as it led to higher GPD, lower unemployment levels and to lower rates for the 10-year government bonds. The aim of the current thesis is to describe the functions of European Central Bank and investigate the impact of quantitative easing (QE) in the Eurozone. For that purpose economic data were collected for 10 countries of the Eurozone that were part of ECB’s quantitative easing for the period between 2012 and 2018. For these countries, through the use of panel data regressions, the impact of quantitative easing on unemployment, GDP and the rates of 10-year government bonds was examined. The results of the thesis verify that QE had a positive effect on the economies of the Eurozone countries as it led to higher GPD, lower unemployment levels and to lower rates for the 10-year government bonds.

Abstract :

The aim of the current thesis is to describe the functions of European Central Bank and investigate the impact of quantitative easing (QE) in the Eurozone. For that purpose economic data were collected for 10 countries of the Eurozone that were part of ECB’s quantitative easing for the period between 2012 and 2018. For these countries, through the use of panel data regressions, the impact of quantitative easing on unemployment, GDP and the rates of 10-year government bonds was examined. The results of the thesis verify that QE had a positive effect on the economies of the Eurozone countries as it led to higher GPD, lower unemployment levels and to lower rates for the 10-year government bonds.
The aim of the current thesis is to describe the functions of European Central Bank and investigate the impact of quantitative easing (QE) in the Eurozone. For that purpose economic data were collected for 10 countries of the Eurozone that were part of ECB’s quantitative easing for the period between 2012 and 2018. For these countries, through the use of panel data regressions, the impact of quantitative easing on unemployment, GDP and the rates of 10-year government bonds was examined. The results of the thesis verify that QE had a positive effect on the economies of the Eurozone countries as it led to higher GPD, lower unemployment levels and to lower rates for the 10-year government bonds.

Subject :	European Central Bank Quantitative Easing Programme (QE) Eurozone Ευρωπαϊκή Κεντρική Τράπεζα Πρόγραμμα Ποσοτικής Χαλάρωσης (QE) Ευρωζώνη

Date Available :	2019-02-10 18:10:08

Date Issued :	01/29/2019

Date Submitted :	2019-02-10 18:10:08

Access Rights :	Free access

Licence :

File: Tsamis_2019.pdf

Type: application/pdf

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