application of mandatory lockdowns contributed to a sharp fall in production and a rise in unemployment, inducing an expansionary …

application of mandatory lockdowns contributed to a sharp fall in production and a rise in unemployment, inducing an expansionary …

This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the … inflation and unemployment? Is monetary and fiscal cooperation superior to the sequential process of monetary and fiscal … associated loss. The primary target of the European central bank is low inflation in Europe. The primary target of the German …

, underemployment is still an issue. Despite the recent rise in inflation, driven mostly by supply-side disruptions and energy prices …