Template-Type: ReDIF-Paper 1.0 Title: How should the European Central Bank ‘normalise’ its monetary policy? Handle: RePEc:bre:polcon:22931 Author-Name: Grégory Claeys Author-Name: Maria Demertzis Abstract: During the crisis, the ECB resorted to a number of unconventional monetary tools. This paper discusses how to phase out these policies and what the ‘n Creation-Date: 2017-11 File-URL: https://phpstack-765020-2596826.cloudwaysapps.com/sites/default/files/wp_attachments/PC-31_2017.pdf File-Format: Application/pdf