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~isPartOf:"Wirtschaftsdienst"
~subject:"EU-Staaten"
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1
Monetary policy:
ECB
bashing justified?
Marquardt, Ralf-Michael
- In:
Wirtschaftsdienst
102
(
2022
)
1
,
pp. 8
Persistent link: https://www.econbiz.de/10013343006
Saved in:
2
The
ECB
's Fiscal Policy
Sinn, Hans-Werner
-
2018
While the
ECB
helped mitigate the euro crisis in the aftermath of Lehman, it has stretched its monetary mandate and … moved into fiscal territory. This text describes and summarizes the crucial role played by the
ECB
in the intervention …
Persistent link: https://www.econbiz.de/10012453105
Saved in:
3
ECB
Policies Involving Government Bond Purchases : Impact and Channels
Krishnamurthy, Arvind
-
2017
We evaluate the effects of three
ECB
policies (the Securities Markets Programme, the Outright Monetary Transactions …
Persistent link: https://www.econbiz.de/10012453728
Saved in:
4
Do Enlarged Fiscal Deficits Cause Inflation : The Historical Record
Bordo, Michael D.
-
2020
In this paper we survey the historical record for over two centuries on the connection between expansionary fiscal policy and inflation. As a backdrop, we briefly lay out several theoretical approaches to the effects of fiscal deficits on inflation: the earlier Keynesian and monetarist...
Persistent link: https://www.econbiz.de/10012482414
Saved in:
5
How Central Bankers See It : The First Decade of
ECB
Policy and Beyond
Cecchetti, Stephen G.
-
2008
In this history of the first decade of
ECB
policy, we also discuss key challenges for the next decade. Beyond the
ECB
… current and former
ECB
leaders and with other policymakers and scholars who viewed the evolution of the
ECB
from privileged … vantage points. We share the assessment of our interviewees that the
ECB
has enjoyed many more successes than disappointments …
Persistent link: https://www.econbiz.de/10012464158
Saved in:
6
Stability First : Reflections Inspired by Otmar Issing's Success as the
ECB
's Chief Economist
Gaspar, Vitor
-
2006
In this paper, we review Otmar Issing's career as the
ECB
's inaugural chief economist and we document many notable … substantially improves our understanding of
ECB
practice. We conclude by listing six open questions, relevant for the future of …
Persistent link: https://www.econbiz.de/10012466391
Saved in:
7
Bias in Official Fiscal Forecasts : Can Private Forecasts Help?
Frankel, Jeffrey A.
-
2016
Government forecasts of GDP growth and budget balances are generally more over-optimistic than private sector forecasts. When official forecasts are especially optimistic relative to private forecasts ex ante, they are more likely also to be over-optimistic relative to realizations ex post. For...
Persistent link: https://www.econbiz.de/10012456327
Saved in:
8
'Fiscal Devaluation' and Fiscal Consolidation : The VAT in Troubled Times
de Mooij, Ruud
-
2012
This paper focuses on two core tax design issues that arise in addressing current fiscal challenges It first explores the idea, prominent in troubled Eurozone countries, of a 'fiscal devaluation:' shifting from social contributions to the VAT as a way to mimic a nominal devaluation. Empirical...
Persistent link: https://www.econbiz.de/10012460745
Saved in:
9
Digitaler Euro: Funktionsweise und kritische Würdigung
Thießen, Friedrich
- In:
Wirtschaftsdienst
101
(
2021
)
7
,
pp. 529-535
In October 2020, the
ECB
published the foundational paper on the digital euro. In spring 2021, it surveyed individuals … could possibly deliver results as good as those of the
ECB
's digital money. …
Persistent link: https://www.econbiz.de/10012606129
Saved in:
10
The Euro and the Stability Pact
Feldstein, Martin
-
2005
This paper begins by discussing the inherent conflict between the simultaneous existence of a single currency for the countries of the European Economic and Monetary Union (EMU) and the independent fiscal policies of those countries. The Stability and Growth Pact was an attempt to reconcile that...
Persistent link: https://www.econbiz.de/10012467436
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