Barrell, Ray (contributor); Becker, Bettina (contributor); … - 2003 - [Elektronische Ressource]
policies in Germany and in the Euro
Area under current monetary arrangements, both with an active response to lower
inflation …-ordinated labour market and monetary
policies can raise potential output in Germany and the Euro area. We are interested in …. Figures 3 and 4 compare the active and accommodating policies.
Figure 3: Output in Germany and the Euro Area – Active and …