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Identifying effective combinations of economic policy measures for the coronavirus recession in Europe
Bernoth, Kerstin; Clemens, Marius; Dany-Knedlik, Geraldine - In: DIW weekly report : economy, politics, science : a … 10 (2020) 23, pp. 263-273
As the coronavirus pandemic spread across the globe in early 2020, the European Central Bank as well as national … its own. To be effective, measures must be taken by Member States together. A joint crisis mechanism, such as the European …
Persistent link: https://www.econbiz.de/10012231998
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Global stagflation
Ha, Jongrim; Kose, M. Ayhan; Ohnsorge, Franziska - 2022
Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and soaring food and energy prices, especially since the Russian Federation's invasion of Ukraine. Markets expect inflation to peak in mid-2022 and then decline, but to remain elevated...
Persistent link: https://www.econbiz.de/10013256317
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The People's Bank of China's response to the coronavirus pandemic : a quantitative assessment
Funke, Michael; Tsang, Andrew - 2020
The People's Bank of China (PBoC) has taken numerous measures to cushion the impacts of the COVID-19 health crisis on … underlying unobserved component. We use the derived indicator to trace the response of the PBoC to the coronavirus pandemic. The … credit provision during the COVID-19 crisis. …
Persistent link: https://www.econbiz.de/10012225365
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Did the crisis change it all? : evidence from monetary and fiscal policy
Mitreska, Ana; Vojnovic, Maja Kadievska; Georgievska, Ljupka - Narodna Banka na Republika Makedonija / Direkcija za … - 2010
The recent financial and economic crisis has triggered bold and diverse policy responses to prevent further, sharper … potential change in the reaction functions during the recent crisis, estimates are done for the period prior and during the … crisis. More precisely, we have analyzed whether monetary and fiscal policies have been more focused on closing the output …
Persistent link: https://www.econbiz.de/10011622637
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Deglobalisation post COVID-19 could spell trouble for the European Monetary Union
Bertasiute, Akvile; Massaro, Domenico; Weber, Matthias - 2020
Less economic integration would make it difficult for the ECB to stabilise the euro area economies. Symmetric monetary policy cannot do anything about this and individual countries would need to use fiscal policy tools
Persistent link: https://www.econbiz.de/10012387253
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COVID-19 and financial markets : a panel analysis for European countries
Klose, Jens; Tillmann, Peter - 2020
In order to fight the economic consequences of the COVID-19 pandemic, monetary and fiscal policy announced a large variety of support packages which are often unprecedented in size. In this paper, we provide an empirical analysis of the responses of European financial markets to these policy...
Persistent link: https://www.econbiz.de/10012224892
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Abenomics: from the "great stagnation" to the "three-arrows strategy"
Grabowiecki, Jerzy - In: International journal of management and economics 55 (2019) 3, pp. 201-211
This article addresses Japan's economy, its new economic policy package, which is known as Abenomics. The centerpiece of Abenomics has been the three "economic arrows" targeted at aggressive monetary policy, flexible fiscal policy, and growth strategy. This article focuses on Abenomics and shows...
Persistent link: https://www.econbiz.de/10012171656
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Thinking beyond the pandemic : monetary policy challenges in the medium- to long-term
Dąbrowski, Marek - 2021
The economic characteristics of the COVID-19 crisis differ from those of previous crises. It is a combination of demand …
Persistent link: https://www.econbiz.de/10012592174
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The COVID-19 crisis and the structural problems of Latin America and the Caribbean: responding to the emergency with a long-term perspective
Abeles, Martín; Pérez Caldentey, Esteban; Porcile, Gabriel - In: CEPAL review (2020) 132, pp. 143-170
Persistent link: https://www.econbiz.de/10012697406
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The Covid-19 lesson from Sweden : don't lock down
Andersson, Fredrik N. G.; Jonung, Lars - In: Economic affairs : journal of the Institute of Economic … 44 (2024) 1, pp. 3-16
Persistent link: https://www.econbiz.de/10014531971