De Santis, Roberto A. (contributor); … - 2006
represent those of the
European Central Bank or the Eurosystem.
2 DG-Economics at the European Central Bank, Kaiserstrasse … private business.
A parallel literature has looked at the relation between demographic changes and risk
premia in asset …-cyclical response of capital flows would moderate
the costs of business cycles. However, when the economy is growing, workers might …