Rostagno, Massimo; Altavilla, Carlo; Carboni, Giacomo; … - 2019
The 20th anniversary of Economic and Monetary Union (EMU) offers an opportunity to look back on the ECB's record and … learn lessons that can improve the conduct of policy in the future. This paper charts the way the ECB has defined … - stretching slightly beyond the ECB's mid-point - marked by decent growth in real incomes and a distribution of shocks to …