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Challenges ahead for EMU monetary policy
Abstract : With the economic slowdown in the euro area, questions arise
as to whether the ECB retains some economic and political
margins for manoeuvre after a decade of active policies. In this
note, we highlight three possible monetary policy
developments. We discuss their pros and cons according to four
dimensions: political constraints, technical constraints,
independence and interactions with fiscal policy.
https://hal-sciencespo.archives-ouvertes.fr/hal-03403244
Contributor : Spire Sciences Po Institutional Repository Connect in order to contact the contributor
Submitted on : Tuesday, October 26, 2021 - 9:59:25 AM
Last modification on : Saturday, October 30, 2021 - 3:59:44 AM
Contributor : Spire Sciences Po Institutional Repository Connect in order to contact the contributor
Submitted on : Tuesday, October 26, 2021 - 9:59:25 AM
Last modification on : Saturday, October 30, 2021 - 3:59:44 AM
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