Showing 1 - 10 of 414
Persistent link: https://www.econbiz.de/10014334698
After almost four decades of price stability, inflation has recently approached historical highs. Initially driven by global energy and food price increases, the magnitude of the surge in inflation caught central banks and markets by surprise. Price pressures are now increasingly broadening to...
Persistent link: https://www.econbiz.de/10014334696
Persistent link: https://www.econbiz.de/10014334699
This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021 …-driven persistent divergence in growth. Regression results provide further evidence of convergence in the euro area and the EU over the … growth, especially in euro area countries. …
Persistent link: https://www.econbiz.de/10014334683
Persistent link: https://www.econbiz.de/10014334707
Persistent link: https://www.econbiz.de/10014334694
Credibility of the revised fiscal rules will be crucial so that vulnerable countries can benefit from confidence effects. National ownership will be key in that respect and can be supported via a stronger role of independent national fiscal institutions.
Persistent link: https://www.econbiz.de/10013468418
Persistent link: https://www.econbiz.de/10010271006
the bank has put its independence at risk. The bank's vow to do 'whatever it takes' to save the euro has added a second …
Persistent link: https://www.econbiz.de/10011477720
In 2022, the European Central Bank (ECB) introduced the Transmission ProtectionInstrument (TPI) to counter the risk of financial fragmentation following the normalisation ofmonetary policy. The ECB has specified conditions under which the TPI can be activated.This paper examines these conditions...
Persistent link: https://www.econbiz.de/10014459470