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Persistent link: https://www.econbiz.de/10001579287
the ECB's objective. On the other hand, there is the risk that this situation will lead to a slide into deflation. In view … of the ECB's historically low policy rates, the question arises as to which monetary policy options are available. In … order to counteract possible deflation, primarily unconventional measures remain open to the ECB, such as outright purchases …
Persistent link: https://www.econbiz.de/10010335203
Zwanzig Jahre nach Gründung des europäischen Währungsraum zieht dieser Wochenbericht mittels einer empirischen Analyse Bilanz. Eine oft gehörte These besagt, dass die Geldpolitik der Europäischen Zentralbank nur schlechter sein kann als die ihrer nationalen Vorgänger, weil die Länder der...
Persistent link: https://www.econbiz.de/10012016503
Abstract The exceptional measures by central banks during the financial crisis have led to renewed interest in the redistributive effects of monetary policy. This paper adopts the perspective of central bank balance sheets to assess such effects. It uses information from the euro area National...
Persistent link: https://www.econbiz.de/10014619293
context, will be discussed by focusing on the European Central Bank (ECB) located in Germany. This case demonstrates that even … given the restrictive conditions the relevant trade union was quite successful in mobilizing the ECB workforce. An important …
Persistent link: https://www.econbiz.de/10014548591
Die Reduktion von Treibhausgasemissionen ist ein wichtiges wirtschaftspolitisches Ziel der EU. Für die angestrebte Transformation der Wirtschaft sind massive Investitionen für die Erneuerung des Kapitalstocks und für Prozessinnovationen erforderlich. Die expansive Geldpolitik der EZB...
Persistent link: https://www.econbiz.de/10012606198
Despite the ECB's turnaround in its interest rate policy in the second half of 2022 as a late reaction to the highly …
Persistent link: https://www.econbiz.de/10014293737
democratic principles are violated by the ECB policy of low or negative interest rates, especially by the quantitative easing … easing program of the ECB harm fundamental rights of institutional investors like insurances and depositors, especially the …
Persistent link: https://www.econbiz.de/10010520551
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