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Zombie credit and (dis-)inflation: evidence from Europe
Acharya, Viral V.; Crosignani, Matteo; Eisert, Tim; … - 2020
labor, which results in lower productivity, investment, and value added. Without a rise in zombie credit, inflation in …. Granular European data on inflation, firms, and banks confirm this mechanism. Industry-country pairs affected by a rise of … Europe would have been 0.4 percentage point higher post-2012. …
Persistent link: https://www.econbiz.de/10012391508
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Disinflation and economic integration in emerging European economies
Novák, Zsuzsanna - In: International journal of diplomacy and economy 2 (2014) 1/2, pp. 84-101
Persistent link: https://www.econbiz.de/10010395313
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Die wundersame Geldvermehrung : Staatsverschuldung, Negativzinsen, Inflation
Sinn, Hans-Werner - 2021
Europa ist zum ?Kranken Mann? geworden. Schwere Krisen haben die Wirtschaft erschüttert. Die EZB versucht mithilfe der … Druckerpresse den Patienten am Leben zu halten. Die Folgen: Nullzinsen, immense Staatsverschuldung und eine drohende Inflation …. Ökonom Hans-Werner Sinn warnt in seinem neuen Buch eindringlich vor den Folgen. Europa schwimmt im Geld, ist aber deswegen …
Persistent link: https://www.econbiz.de/10012506145
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The impact of the crisis and unconventional monetary policy on European inflation dynamics : evidence from a three-period structural model and six countries
Schäfer, Benjamin - In: Review of economics 69 (2018) 2, pp. 87-110
Persistent link: https://www.econbiz.de/10012010186
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Challenges for global monetary policy in an environment of high inflation : the case of the euro area
Arce, Óscar; Koester, Gerrit; Pierluigi, Beatrice - In: Información comercial española : ICE : revista de … 929 (2022), pp. 115-130
Persistent link: https://www.econbiz.de/10014228103
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A new insight on the inflation persistance : the role of serverage pay
Coudert, Thomas - In: Brussels economic review 58 (2015) 1/2, pp. 117-150
Persistent link: https://www.econbiz.de/10012244461
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Breaking Bad : a disaggregated analysis of inflation inertia
Cevik, Serhan - In: Review of economics 74 (2023) 3, pp. 235-250
Persistent link: https://www.econbiz.de/10014438833
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Adjustment in EMU: is convergence assured?
Dullien, Sebastian; Fritsche, Ulrich; Größl, Ingrid; … - 2009
Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU countries and Greece. We found significant instability...
Persistent link: https://www.econbiz.de/10003915319
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Adjustment in EMU : is convergence assured?
Dullien, Sebastian; Fritsche, Ulrich; Größl, Ingrid; … - 2009
Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU countries and Greece. We found significant instability...
Persistent link: https://www.econbiz.de/10010425867
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Low inflation and monetary policy in the euro area
Conti, Antonio M.; Neri, Stefano; Nobili, Andrea - Task Force on Low Inflation (LIFT) - 2017
Inflation in the euro area has been falling since mid-2013, turned negative at the end of 2014 and remained below … by means of sign restrictions, to inflation and economic activity. Shocks to oil supply do not tell the full story about … the disinflation that started in 2013, as both aggregate demand and monetary policy shocks also played an important role …
Persistent link: https://www.econbiz.de/10011636807