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Fig. 17 | Applied Network Science

Fig. 17

From: A multiplex financial network approach to policy evaluation: the case of euro area Quantitative Easing

Fig. 17

Euro area unemployment rate; 2003Q1-2017Q2. Time series of the Harmonised Unemployment Rate (HUR), over the reference period 2003Q1-2017Q2. The vertical line corresponds to the beginning of the first purchase programme (3rd Covered Bond Purchase Programme, CBPP3) included in the APP, started in 2014Q4, while the percentage on the right-hand side of the graph corresponds to our estimate of the growth rate of euro area HUR, since the initiation of QE. Data source: (Eurostat 2017)

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