Showing 1 - 10 of 23,017
Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …
Persistent link: https://www.econbiz.de/10013553631
On 5-6 September 2012 SUERF held its 30th Colloquium "States, Banks, and the Financing of the Economy" at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...
Persistent link: https://www.econbiz.de/10011711721
force through every major monetary policy domain. History, for the moment, has rendered the ECB the world's most important …
Persistent link: https://www.econbiz.de/10009503821
The paper engages with an important aspect of the European crisis, the European banks' reliance on collateralized (repo) market funding, that has received relatively little analytical attention in the scholarship on the European financial and sovereign debt crisis. The paper is guided by three...
Persistent link: https://www.econbiz.de/10013106366
force through every major monetary policy domain. History, for the moment, has rendered the ECB the world's most important …
Persistent link: https://www.econbiz.de/10013109818
We investigate whether ideology drives the sentiments of parliamentarians when they speak to the central bank they hold accountable. To this end, we collect textual data on the quarterly hearings of the ECB President before the European Parliament from 1999 to 2019. We apply sentiment analysis...
Persistent link: https://www.econbiz.de/10012939688
too-low inflation. The experience of the Bank of Japan's encounter with the zero lower bound suggests important benefits … from a clear definition of price stability as a symmetric 2% goal for inflation, which the Bank adopted in 2013. … Geldpolitik auch beim Einsatz unkonventioneller Maßnahmen erfolgreich ist? Athanasios Orphanides analysiert die Maßnahmen der Bank …
Persistent link: https://www.econbiz.de/10011901698
The paper gives an overview over issues concerning the role of financial stability in monetary policy. Historically, financial stability has figured highly among central banks ́objectives, with policy measures ranging from interest rate stabilization to serving as a lender of the last resort....
Persistent link: https://www.econbiz.de/10011301235
basic EU Treaty preference for an independent, inflation-averse and thus, conservative central bank. This contribution …
Persistent link: https://www.econbiz.de/10012889396
terms of the intended path for inflation while involving costs in terms of risks and side effects that need to be balanced …
Persistent link: https://www.econbiz.de/10012303171