Similar Search Results

The ECB's policy, the Recovery Fund and the importance of trust and fiscal corrections : the case of Greece

Dimakopoulou, Vasiliki; Oikonomidēs, Geōrgios; … - In: Economic modelling 112 (2022), pp. 1-15

Persistent link: https://www.econbiz.de/10013349120

The central bank strikes back! : credibility of monetary policy under fiscal influence

Camous, Antoine; Matveev, Dmitry - In: The economic journal : the journal of the Royal … 133 (2023) 649, pp. 1-29

Persistent link: https://www.econbiz.de/10013543315

EMU and ESCB after Maastricht

Goodhart, Charles A. E. (ed.) - 1992

Persistent link: https://www.econbiz.de/10013538831

Sovereign debt sustainability and central bank credibility

Willems, Tim; Zettelmeyer, Jeromin - In: Annual review of financial economics 14 (2022), pp. 75-93

Persistent link: https://www.econbiz.de/10013461088

A literature review on the design and implementation of central bank digital currencies

Genc, Huseyin Oguz; Takagi, Soichiro - In: International journal of economic policy studies 18 (2024) 1, pp. 197-225

Persistent link: https://www.econbiz.de/10014479303

Sovereign debt crisis, fiscal consolidation, and active central bankers in a monetary union

Canofari, Paolo; Di Bartolomeo, Giovanni; Messori, Marcello - In: The B.E. journal of macroeconomics 23 (2023) 1, pp. 151-180

Persistent link: https://www.econbiz.de/10013555760

MMT, sovereign currencies and the Eurozone

Lavoie, Marc - In: Review of political economy 34 (2022) 4, pp. 633-646

Persistent link: https://www.econbiz.de/10013411484

Central bank digital currency and fiscal policy in a Diamond-Dybvig Model

El Armali, Jafar - In: Journal of government and economics : JGE 12 (2023), pp. 1-3

After introducing digital currency, the central bank emerges as a monopolist bank. It then faces an "impossible trinity". To achieve price stability and financial stability, optimal consumption allocation is sacrificed. In this paper, I show that fiscal policy designed in coordination with the...

Persistent link: https://www.econbiz.de/10014518045

Modern Monetary Theory, fiscal dominance and the European Central Bank

Prinz, Aloys; Beck, Hanno - In: Credit and capital markets : Kredit und Kapital 55 (2022) 4, pp. 431-456

In this paper, Modern Monetary Theory (MMT) is confronted with the peculiarities of the institutional setting of the European Monetary Union (EMU) and the monetary policy of the European Central Bank (ECB). Since the financial and euro crises of 2008, monetary policy has changed drastically both...

Persistent link: https://www.econbiz.de/10014518596

Aspects of Modern Monetary and Macroeconomic Policies

Arestis, Philip (ed.); Hein, Eckhard (ed.); … - 2007

Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems...

Persistent link: https://www.econbiz.de/10012054254