Narrow search
Showing 1 - 2 of 2
Cover Image
The world in 2016 : a perspective for the wider Europe
Gros, Daniel - In: Vierteljahrshefte zur Wirtschaftsforschung 75 (2006) 2, pp. 79-90
exchange rate as an adjustment instrument. This is an even more basic challenge for the EU because the enlargement challenge … common currency. This contribution deals with these two basic challenges for the EU over the next decade. It starts with a …
Persistent link: https://www.econbiz.de/10010489987
Cover Image
Green money without inflation
De Grauwe, Paul - In: Vierteljahrshefte zur Wirtschaftsforschung 88 (2019) 2, pp. 51-54
The ECB has announced that when government and corporate bonds come to maturity in the context of its QE-program, new bonds will be bought in the market so as to keep the money stock (money base) unchanged. This creates a "window of opportunities" for the ECB. It could replace the old bonds with...
Persistent link: https://www.econbiz.de/10012154787