Assessing the impact of the ECB's Corporate Sector Purchase Programme on SMEs

Macchiarelli, C., Monti, M. & Vedolin, A. (2017). Assessing the impact of the ECB's Corporate Sector Purchase Programme on SMEs.
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The European Central Bank's Governing Council is due to hold a policy meeting on 26 October, with many observers anticipating there could be a change to the ECB's monetary stimulus programme. Corrado Macchiarelli, Mara Monti and Andrea Vedolin examine some of the measures that should be considered as the ECB looks to respond to changing conditions in the euro area.

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