Terzi, Andrea (contributor) - 2007
pursues both a growth and a price stability goal, the
European Central Bank exclusively aims at a quantitatively defined … observed in the post
World War II era except during the 1948-49 recession, when the budget balance declined by
5.7 percentage … our analyses to the Euro area, the second largest capital market in the world, is
also instructive. Figure 2 shows the …