Daniela Gabor Profile picture
Professor of Economics/MacroFinance. Critical macrofinance, central banks, repos, shadow banking, WallStreetConsensus https://t.co/YGZItchHwL https://t.co/XPNo2sR5Gm

Sep 24, 2020, 6 tweets

Why is the ECB giving repos not swap lines to EU central banks planning to join the Euro? #AskECB

Is the principle of 'market neutrality' consistent with the financial stability mandate when it induces the ECB to purchase dirty bonds from carbon-intensive companies? #AskECB

Can the monetary transmission mechanism function well without institutionalising a permanent regime of targeting sovereign spreads? #AskECB

Is 'monetary dominance' a de facto transfer of political power to (loosely accountable) central banks and how should that imbalance be restored? #AskECB

What are the substantive differences between the Schnable(2020) and Coeure(2016) takes on government debt, and what so these imply for ECB support of sovereign bond markets under stress? #AskECB

Is it conceptually accurate to describe PEPP/OMT as lender of last resort for euro sovereigns? #AskECB

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