Showing 1 - 10 of 478
the Euro-zone. Moreover, the EMU creates conditions for economic and monetary stability all over Europe which allows for … activity of the Bank of Lithuania during the process of integration into the EU. The viability of the inflation rate maintained …
Persistent link: https://www.econbiz.de/10009478178
a very prolonged period of low inflation, the Bank of Japan has been modifying its monetary policy strategy over the … yield curve control policy. Despite all these efforts, Japan has continued to experience persistently low inflation, with …’s strategy in its struggle against low inflation, focusing in particular on the reasons that led it to adopt the interest rate …
Persistent link: https://www.econbiz.de/10012588241
a very prolonged period of low inflation, the Bank of Japan has been modifying its monetary policy strategy over the … yield curve control policy. Despite all these efforts, Japan has continued to experience persistently low inflation, with …
Persistent link: https://www.econbiz.de/10012588242
question of the means best suited for information transmission in these cases. We consider monetary targeting and inflation … question of the means best suited for information transmission in these cases. We consider monetary targeting and inflation …
Persistent link: https://www.econbiz.de/10009476206
here is measured by GDP growth, price stability by inflation level. In the theoretical part LB’s monetary policy and its …
Persistent link: https://www.econbiz.de/10009478676
This paper argues that when EU member states joined EMU, this resulted in domestic institutional changes in the areas of fiscal policy-making and wage-setting. The paper argues that these changes were triggered by two facts: (i) in EMU, the monetary policy can no longer be used as an instrument...
Persistent link: https://www.econbiz.de/10009463689
’s weakness in front of eurozone politicians claiming a more accommodative policy to offset the euro’s trend appreciation. In …
Persistent link: https://www.econbiz.de/10009463707
This paper analyses the implications of a continued divergence of TARGET2 balances for monetary policy in the euro area. The accumulation of TARGET2 claims (liabilities) would make the ECB’s liquidity management asymmetric once the TARGET2 claims in core countries have crowded out central bank...
Persistent link: https://www.econbiz.de/10009463825
efficient framework for distributing liquidity throughout the euro-zone. Now in retrospect, however, the ECB appears to have …
Persistent link: https://www.econbiz.de/10009463826
[From the introduction]. The synchronicity of cycles in real output is a subject that has attracted increased attention in the eld of economics, largely because not only is the international synchronicity of turning points of business cycles a "stylized fact", but also because within a monetary...
Persistent link: https://www.econbiz.de/10009463841