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1) Stability Oriented Monetary and Prudential Policies in EU Accession Countries, by Michael C. Bonello 2) Ensuring Financial Stability: Global and European Perspectives, by Fabrizio Saccomanni 3) Foreign Bank Ownership: A Bonus or Threat for Financial Stability? by Claudia M. Buch, Jörn...
Persistent link: https://www.econbiz.de/10011689910
EMU's design is seriously flawed. Monetary union was established without political union, creating a single eurozone … a eurozone-wide monetary-fiscal policy mix capable of combining growth and employment with price stability. EMU thus …
Persistent link: https://www.econbiz.de/10010669620
1) Stability Oriented Monetary and Prudential Policies in EU Accession Countries, by Michael C. Bonello 2) Ensuring Financial Stability: Global and European Perspectives, by Fabrizio Saccomanni 3) Foreign Bank Ownership: A Bonus or Threat for Financial Stability? by Claudia M. Buch, Jörn...
Persistent link: https://www.econbiz.de/10005702817
Aim: In this article, the state of the discourse concerning the final goal of the modern central bank is presented, in particular the aim of price stability, understood as low and stable inflation. Design/Research methods: The article was prepared on the basis of scientific publications in the...
Persistent link: https://www.econbiz.de/10013198396
Persistent link: https://www.econbiz.de/10012806476
This Policy White Paper assesses several main elements of ECB's upcoming review of its monetary policy strategy, announced in January 2020. Four aspects of the review are discussed in detail: i) ECB's definition of price stability and the arguments for and against inflation targeting; ii) the...
Persistent link: https://www.econbiz.de/10012223712
Persistent link: https://www.econbiz.de/10011597931
No one seems to be neutral about the effects of EMU on the German economy. Roughly speaking, there are two camps: those … stability. From a broader macroeconomic perspective, however, it is clear that EMU is unlikely to cause directly any meaningful …
Persistent link: https://www.econbiz.de/10009768851
No one seems to be neutral about the effects of EMU on the German economy. Roughly speaking, there are two camps: those … stability. From a broader macroeconomic perspective, however, it is clear that EMU is unlikely to cause directly any meaningful …
Persistent link: https://www.econbiz.de/10010317396
Persistent link: https://www.econbiz.de/10010250291