banquedefranceBanque de France135907731059553484802/09/2021 - 10:50How to measure the macroeconomic impact of APP ? This #BdFeco paper by @benoit_nguyen & Stéphane Lhuissier derives unexpected changes in the APP size from market surveys and find asset purchases have been central in avoiding deflation in the #EuroArea. ➡ https://t.co/MoJVPBIZUM https://t.co/0DGKgu65No