Bańkowski, Krzysztof; Christoffel, Kai Philipp; Faria, … - 2021
reaching favourable macroeconomic outcomes (i.e. recovering pandemic output losses and bringing inflation close to the ECB … euro area. It consists of two major parts – a historical assessment and an assessment based on an extended scenario until … 2030 – and it builds on the ECB-BASE –a semistructural model for the euro area. The historical analysis (until end-2019 …