The digitalisation workstream report analyses the degree of digital adoption across the euro area and EU countries and the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent developments during the coronavirus (COVID-19) pandemic...

This paper investigates the empirical relevance of a new framework for monetary policyanalysis in which decision makers are allowed to weight differently positive and negative deviations of inflation and output from the target values. The specification of the central bank objective is general...

¿Qué efecto tiene la política monetaria sobre el consumo? Mediante el uso de información a nivel de hogar en el Reino Unido y Estados Unidos, este trabajo muestra que la mayor parte de la dinámica del consumo agregado después de un cambio en los tipos de interés a corto plazo, viene...