Showing 1 - 10 of 32
The EU's Treaties were designed to limit the interaction between fiscal and monetary policies. However, over the last decade, the introduction of the ECB's Outright Monetary Transactions (OMT) programme and its sovereign bond purchase programmes have created some strong linkages between monetary...
Persistent link: https://www.econbiz.de/10012813611
Persistent link: https://www.econbiz.de/10012814077
Persistent link: https://www.econbiz.de/10012061075
benign international environment, this approach makes it unlikely that the economy will face a collapse in growth. But there … benign international environment, this approach makes it unlikely that the economy will face a collapse in growth. But there …
Persistent link: https://www.econbiz.de/10003539352
financial frictions. The political economy surrounding distributional consequences can sometimes lead to policy measures that …
Persistent link: https://www.econbiz.de/10010222156
). We show that incorporating forward-looking expectations into standard open economy structural VAR models resolves these …
Persistent link: https://www.econbiz.de/10015084194
Persistent link: https://www.econbiz.de/10012486631
, however, is that there seem to be certain "threshold" levels of financial and institutional development that an economy needs …
Persistent link: https://www.econbiz.de/10003831857
stimulate the economy and restore inflation to its target levels, including the merits of "helicopter money". …
Persistent link: https://www.econbiz.de/10012615951
Persistent link: https://www.econbiz.de/10012619719