the support of environmental investments. This can be done without creating inflation. …, die Geldschöpfungskapazität der EZB zur Unterstützung von Umweltinvestitionen zu nutzen. Dies kann ohne Inflation erfolgen. …

achieve the inflation objective, while other instruments (minimum reserve requirements and macro prudential control) should be … used to achieve financial stability. -- inflation targeting ; financial stability ; two pillar strategy …

We analyze the similarities and the differences in the fragility of the European Monetary System (EMS) and the Eurozone … foreign exchange markets while in the Eurozone it was the absence of a lender of last resort in the long-term government bond … Eurozone the roles were reversed. The national central banks that became part of the Eurosystem were strengthened …

There is a wide consensus that the existence of structural rigidities in the Eurozone reduces the effectiveness of the … monetary policies in the US and the Eurozone countries. This consists of collecting the estimated transmission coefficients …

We analyze the similarities and the differences in the fragility of the European Monetary System (EMS) and the Eurozone … foreign exchange markets while in the Eurozone it was the absence of a lender of last resort in the long-term government bond … Eurozone the roles were reversed. The national central banks that became part of the Eurosystem were strengthened. …

and inflation are potential causes of tensions within the ECB concerning the conduct of common monetary (interest rate …

European new EU member states. Based on a Balassa-Samuelson model of productivity driven inflation, it finds a high probability … of higher inflation in the new member states. It compares the policy options which might make the compliance possible, i …

achieve the inflation objective, while other instruments (minimum reserve requirements and macro prudential control) should be …