Whilst the debate on the merits of adopting the euro rage on in the UK, comparatively little attention is paid to the … way in which the ECB is managing monetary policy in the euro zone. This analysis describes the success of the first five … years of the euro's life. Not only has price stability been maintained, despite some turbulent economic times, but the …

This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is … moderate; ii) Retail prices in the euro area are more sticky than in the US; iii) There is significant sectoral heterogeneity …

This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is … moderate; ii) Retail prices in the euro area are more sticky than in the US; iii) There is significant sectoral heterogeneity …

This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is … moderate; ii) Retail prices in the euro area are more sticky than in the US; iii) There is significant sectoral heterogeneity …

banking. Germany achieved a high degree of domestic stability and provided safe haven for investors in times of turmoil in the …

banking. Germany achieved a high degree of domestic stability and provided safe haven for investors in times of turmoil in the …

banking. Germany achieved a high degree of domestic stability and provided safe haven for investors in times of turmoil in the …

banking. Germany achieved a high degree of domestic stability and provided safe haven for investors in times of turmoil in the …