Karl Whelan

Economist, University College Dublin

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The Puny Fiscal Effects of European QE

Posted on March 18, 2015 by kwhelan

Lots of people think the euro area’s central banks will be handing back all the interest payments they receive on their QE bonds, providing a nice boost to the taxpayer. They won’t. Grim details here.

This entry was posted in Central Banks, Euro Crisis and tagged ECB, Fiscal Policy, QE by kwhelan. Bookmark the permalink.
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