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below the ECB’s inflation target. Therefore, a readjustment of the infl ation target seems unjustified. Furthermore, as the … ECB can expect inflation to return to its target, it possibly can accelerate tapering its unconventional monetary policy …
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This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021. It finds that the COVID-19 crisis temporarily slowed convergence but the estimated negative impact is significantly smaller than during the global financial crisis. Diverging...
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eurozone has grown quite polarised. In this Forum, several experts use analytical, evidence-based approaches to gauge the …
Persistent link: https://www.econbiz.de/10010441358
, intervening heavily in the eurozone economies. This policy has generated substantial risks to both the ECB’s primary task and its …
Persistent link: https://www.econbiz.de/10011871765