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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
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
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
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
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/10013460150
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
For the last 40 years, macroeconomics has been dominated by Milton Friedman's view that inflation occurs when the … inflation is always due to an imbalance of money supply and output, central banks alone determine the path of inflation, and … inflation reflects spending and saving patterns which are affected by political choices, it is fundamentally a political …
Persistent link: https://www.econbiz.de/10014363429
interest rates and low inflation, and when ensuing prolonged and subdued growth undermines potential growth via labour … of economic slack and its impact on inflation, crisis-related hit to potential output and neutral interest rates. However … et d’une inflation faible, conjugués à une croissance durablement atone qui affaiblit la croissance potentielle via des …
Persistent link: https://www.econbiz.de/10011276801