Showing 1 - 10 of 380,466
As the coronavirus pandemic spread across the globe in early 2020, the European Central Bank as well as national …
Persistent link: https://www.econbiz.de/10012231998
Persistent link: https://www.econbiz.de/10012798257
This paper analyses the effects of the COVID-19 pandemic shock on small open economies in a monetary union with an application to the euro area. Accounting for a high degree of openness and a strong dependence on intra and extra union trade, we focus on the size and the direction of...
Persistent link: https://www.econbiz.de/10012643287
Persistent link: https://www.econbiz.de/10013489549
Persistent link: https://www.econbiz.de/10014307027
The Covid-19 pandemic hitting the world in 2020 also caused a high death toll in Germany and in the European Monetary Union (EMU) at large. The health crisis worldwide and the precautions against Covid-19 rapidly induced a demand and supply recession simultaneously. The Covid-19 crisis was...
Persistent link: https://www.econbiz.de/10013269485
Persistent link: https://www.econbiz.de/10013190145
Persistent link: https://www.econbiz.de/10012694202
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