Horn, Gustav A.; Herzog-Stein, Alexander; Rietzler, Katja; … - 2016
Wachstumspotenzial dauerhaft zu beeinträchtigen. Die Geldpolitik wirkt zwar stabilisierend, ist aber gegenwärtig nicht alleine in der … euro area. The deflation risk persists and hysteresis effects are likely to have long-lasting negative impacts on potential … output. Monetary policy is stabilizing the euro area but is currently unable on its own to initiate an upswing. An …