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Definition of price stability, range and point inflation targets

Castelnuovo, Efrem; Nicoletti-Altimari, Sergio; … - 2003

Announcing a quantitative objective for price developments has become a common practice in modern monetary policy making. While the specific features of such announced objectives vary across countries, a common rationale for this is to help anchoring inflation expectations. We use survey data on...

Persistent link: https://www.econbiz.de/10009635904

Crisis and reform : Keynote addresses at DG ECFIN's annual research conference

Buti, Marco - 2010

the European economy. It has forced policy-makers in the EU and elsewhere to respond with exceptional measures to counter …. Results of our internal ECFIN analyses have been published in a special issue of European Economy in 2009. Our research work …". Following the Opening Lecture, sessions dealt with the political economy of reform, the design of financial systems and issues …

Persistent link: https://www.econbiz.de/10011291907

Keynote speeches at the Brussels Economic Forum 2010 : Strategies for a post-crisis world: enhancing European growth Keynote speeches at the Brussels Economic Forum 2010

Buti, Marco - 2010

The 11th Brussels Economic Forum, held on 25-26 May 2010, took place against a background of the Greek debt crisis and keen debate on the future of Europe's economic governance. In that sense it took place at the ideal moment. Participants debated the causes and consequences of the crisis, and...

Persistent link: https://www.econbiz.de/10011291910

Slow but steady? Achievements and shortcomings of competitive disinflation within the euro area

Buti, Marco; Turrini, Alessandro - 2012

There is a widespread perception that imbalances within the euro area are not adjusting, the major difficulty being that the competitive disinflation processes required in deficit countries are painful, while no strong incentives are always available in surplus countries to reduce their excess...

Persistent link: https://www.econbiz.de/10011298656

European prosperity reloaded: an optimistic glance at EMU@20

Buti, Marco; Pichelman, Karl - 2013

Amidst current fears of recession and economic stagnation, this note presents an optimistic view of the euro area's prospects over the medium-term. We claim that the EA has a more than fair chance to leave the crisis behind in a much stronger overall position than before, not least vis-à-vis...

Persistent link: https://www.econbiz.de/10011298659