Narrow search
Showing 1 - 8 of 8
Cover Image
Economic Structures 20 Years into the Euro
Sondermann, David - 2019
strengthened national economic structures were supported by a reformed EU crisis and economic governance framework. However …
Persistent link: https://www.econbiz.de/10012868456
Cover Image
Economic Structures 20 Years into the Euro
Sondermann, David; Consolo, Agostino; Gunnella, Vanessa; … - 2021
strengthened national economic structures were supported by a reformed EU crisis and economic governance framework. However …
Persistent link: https://www.econbiz.de/10013322232
Cover Image
Energy Markets and the Euro Area Macroeconomy
Strauch, Rolf - 2014
This report aims to analyse euro area energy markets and the impact of energy price changes on the macroeconomy from a monetary policy perspective. The core task of the report is to analyse the impact of energy price developments on output and consumer prices. Nevertheless, understanding the...
Persistent link: https://www.econbiz.de/10013069751
Cover Image
Employment and the Conduct of Monetary Policy in the Euro Area
Brand, Claus; Coenen, Günter; Sondermann, David; … - 2021
price stability is shown to provide flexibility to contribute to the achievement of the EU’s full employment objective …
Persistent link: https://www.econbiz.de/10013210706
Cover Image
The Ecb's Price Stability Framework : Past Experience, and Current and Future Challenges
Cecioni, Martina; Coenen, Günter; Motto, Roberto; le … - 2021
The ECB’s price stability mandate has been defined by the Treaty. But the Treaty has not spelled out what price stability precisely means. To make the mandate operational, the Governing Council has provided a quantitative definition in 1998 and a clarification in 2003. The landscape has...
Persistent link: https://www.econbiz.de/10013210725
Cover Image
Review of Macroeconomic Modelling in the Eurosystem : Current Practices and Scope for Improvement
Darracq Paries, Matthieu; Notarpietro, Alessandro; … - 2021
This paper provides an assessment of the macroeconomic models regularly used for forecasting and policy analysis in the Eurosystem. These include semi-structural, structural and time-series models covering specific jurisdictions and the euro area within a closed economy, small open economy,...
Persistent link: https://www.econbiz.de/10013210841
Cover Image
Digitalisation : Channels, Impacts and Implications for Monetary Policy in the Euro Area
Consolo, Agostino; Cette, Gilbert; Bergeaud, Antonin; … - 2021
The digitalisation workstream report analyses the degree of digital adoption across the euro area and EU countries and … of digital adoption differs across the euro area/EU, implying heterogeneous impacts, with most EU economies currently …. The pandemic has accelerated the use of teleworking: roughly every third job in the euro area/EU is teleworkable, although …
Persistent link: https://www.econbiz.de/10013210842
Cover Image
The Need for an Inflation Buffer in the Ecb's Price Stability Objective – the Role of Nominal Rigidities and Inflation Differentials
Consolo, Agostino; Koester, Gerrit; Nickel, Christiane; … - 2021
The existence of nominal rigidities and inflation differentials between countries offers two of the main rationales for an inflation buffer in a monetary union where monetary policy is oriented towards an area-wide inflation objective. Evidence accumulated since 2003 suggests that nominal...
Persistent link: https://www.econbiz.de/10013210848