Eurosystem Collateral Policy and Framework, Monetary Dialogue, November 2014

14-11-2014

The notes in this compilation assess and comment on various aspects of the collateral policy and framework of the Eurosystem. In particular, the notes consider the economic implications associated with the current ECB collateral policy for asset allocation and relative asset price developments in a cross-country perspective. The notes have been requested by the Committee on Economic and Monetary Affairs (ECON) of the European Parliament as an input for the November 2014 session of the Monetary Dialogue between the Members of the ECON Committee and the President of the ECB.

The notes in this compilation assess and comment on various aspects of the collateral policy and framework of the Eurosystem. In particular, the notes consider the economic implications associated with the current ECB collateral policy for asset allocation and relative asset price developments in a cross-country perspective. The notes have been requested by the Committee on Economic and Monetary Affairs (ECON) of the European Parliament as an input for the November 2014 session of the Monetary Dialogue between the Members of the ECON Committee and the President of the ECB.

Externe auteur

Karl WHELAN (University College Dublin) ; Guntram B. WOLFF and Alvaro LEANDRO (Bruegel) and Ansgar BELKE (University of Duisburg-Essen)