Narrow search
Showing 1 - 10 of 12,738
Cover Image
The Phillips curve at the ECB
Eser, Fabian; Karadi, Peter; Lane, Philip R.; Moretti, Laura - 2020
We explain the role of the Phillips Curve in the analysis of the economic outlook and the formulation of monetary policy at the ECB. First, revisiting the structural Phillips Curve, we highlight the challenges in recovering structural parameters from reduced-form estimates and relate the...
Persistent link: https://www.econbiz.de/10012212851
Cover Image
The Phillips Curve at the ECB
Eser, Fabian; Karadi, Peter; Lane, Philip R.; Moretti, Laura - 2020
We explain the role of the Phillips Curve at the ECB in the analysis of the economic outlook and the formulation of monetary policy. First, revisiting the structural Phillips Curve, we highlight the challenges in recovering structural parameters from reduced-form estimates and relate the...
Persistent link: https://www.econbiz.de/10012435565
Cover Image
Beware of pitfalls in the European Central Bank's review of monetary policy strategy
Tamborini, Roberto - In: The Economists' voice 19 (2022) 1, pp. 15-23
Persistent link: https://www.econbiz.de/10013384373
Cover Image
The Phillips Curve at the ECB
Eser, Fabian - 2020
inflation and the role of inflation expectations. In relation to the recent weakness of inflation, we discuss the role of firm … supports the view that the absorption of slack and a firm anchoring of inflation expectations remain central to successful … inflation stabilisation …
Persistent link: https://www.econbiz.de/10012834963
Cover Image
Interest rate effectiveness in era of quantitative easing in euro market
Paz̆ický, Martin - In: International journal of accounting and finance 8 (2018) 4, pp. 364-392
Persistent link: https://www.econbiz.de/10012023874
Cover Image
Is it really more dispersed? : measuring and comparing the stress from the common monetary policy in the euro area
Quint, Dominic - 2014
The ECB's one size monetary policy is unlikely to fit all euro area members at all times, which raises the question of how much monetary policy stress this causes at the national level. I measure monetary policy stress as the difference between actual ECB interest rates and Taylor-rule implied...
Persistent link: https://www.econbiz.de/10010349426
Cover Image
ECB communication as a stabilization and coordination device: evidence from ex-ante inflation uncertainty
Fernandes, Cecilia Melo - 2021
This paper investigates the impact of ECB communication of its assessment of the economic outlook on ex-ante inflation … forecasts of inflation) but also makes forecasters less uncertain about their own beliefs, thus reducing ex-ante average … individual uncertainty. By combining and exploiting these types of ex-ante inflation uncertainty, results suggest that central …
Persistent link: https://www.econbiz.de/10012603073
Cover Image
The ECB is running out of policy space : can fiscal policy help?
Capolongo, Angela; Gros, Daniel - In: Economics and Business Letters : EBL 9 (2020) 3, pp. 216-220
Persistent link: https://www.econbiz.de/10012420677
Cover Image
ECB monetary policy actions and the economic conditions of a non-Euro member : the case of Croatia
Berisha, Edmond - In: Global economy journal : GEJ 17 (2017) 2, pp. 1-10
Persistent link: https://www.econbiz.de/10011705295
Cover Image
The low interest rate environment : causes, effects and a way out
Matthes, Jürgen - 2014
normal inflation are present. These are the conditions which characterize the baseline scenario assumed here. [...] …
Persistent link: https://www.econbiz.de/10010407558