How Central Bankers See It: The First Decade of European Central Bank Policy and Beyond

Stephen G. Cecchetti and Kermit L. Schoenholtz, Europe and the Euro (University of Chicago Press, 2010), chap. 9, https://www.nber.org/books-and-chapters/europe-and-euro/how-central-bankers-see-it-first-decade-european-central-bank-policy-and-beyond.