TY - JOUR AU - Febrero Paños, Eladio AU - Uxó González, Jorge AU - Álvarez Peralta, Ignacio PY - 2022 DO - 10.2298/PAN180627008F SN - 1452-595X UR - https://hdl.handle.net/20.500.14352/113159 T2 - Panoeconomicus AB - The aim of this paper is to investigate the cause behind rising Target2 imbalances since early 2015, coinciding with the implementation of a quantitative easing program by the ECB. Two facts have captured our attention. Firstly, the official... LA - eng M2 - 73 PB - Serbian Association of Economists KW - Target2 KW - Public sector purchase programme KW - Euro Zone crisis TI - Target2 imbalances and the ECB’s Asset Purchase Programme: an alternative account TY - journal article VL - 69 ER -