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purchase bonds, including euro area government bonds. The purchases are intended to anchor the rate of inflation and inflation … development of inflation in the euro area and outlines the main reasons for the recent decline in prices. It also discusses the …
Persistent link: https://www.econbiz.de/10010500470
purchase bonds, including euro area government bonds. The purchases are intended to anchor the rate of inflation and inflation … development of inflation in the euro area and outlines the main reasons for the recent decline in prices. It also discusses the …
Persistent link: https://www.econbiz.de/10011210502
bonds, at its Council meeting in January. The purchases are intended to anchor the rate of inflation and inflation … fiscal dominance, implying that future control of inflation could be impeded by fiscal considerations. Moreover, asset …. Dies birgt im Euroraum die Gefahr fiskalischer Dominanz, bei der eine künftige Bekämpfung der Inflation durch fiskalische …
Persistent link: https://www.econbiz.de/10011210504
Euroraum die Gefahr fiskalischer Dominanz, bei der eine künftige Bekämpfung der Inflation durch fiskalische Erwägungen … bonds, at its Council meeting in January. The purchases are intended to anchor the rate of inflation and inflation … fiscal dominance, implying that future control of inflation could be impeded by fiscal considerations. Moreover, asset …
Persistent link: https://www.econbiz.de/10010496861
The economic characteristics of the COVID-19 crisis differ from those of previous crises. It is a combination of demand- and supply-side constraints which led to the formation of a monetary overhang that will be unfrozen once the pandemic ends. Monetary policy must take this effect into...
Persistent link: https://www.econbiz.de/10012592174
number of inflation and real activity measures for the United States. We identify demand and supply factors by imposing … demand and supply over the past five decades. The most recent factor estimates indicate that the inflation surge since mid …
Persistent link: https://www.econbiz.de/10013460150
The authors review the challenges that the Romanian economy and society had to face in the European and global geoeconomic context. Starting from the perspectives advanced by the international economic fora, the risks the European economy will have to answer through counteracting and general...
Persistent link: https://www.econbiz.de/10014464256
number of inflation and real activity measures for the United States. We identify demand and supply factors by imposing … demand and supply over the past five decades. The most recent factor estimates indicate that the inflation surge since mid …
Persistent link: https://www.econbiz.de/10013465053
shown that, in effect, this is an inflation tax, requiring high inflation countries to make transfers to low inflation …
Persistent link: https://www.econbiz.de/10005523960
competitiveness. A formal theory of inflation in the euro-zone based on an open-economy version of the New Keynesian model is used to … shown that, in effect, this is an inflation tax, requiring high inflation countries to make transfers to low inflation …
Persistent link: https://www.econbiz.de/10005789110