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state of the economy defines the monetary policy landscape. Using the euro area as laboratory this paper explores the design … models of the euro area confirms the fragility of policy analysis optimized for any specific model and shows the merits of …
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This note reviews the legal issues and concerns that are likely to play an important role in the ongoing deliberations of the Federal Constitutional Court of Germany concerning the legality of ECB government bond purchases such as those conducted in the context of its earlier Securities Market...
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The recent decline in euro area inflation has triggered new calls for additional monetary stimulus by the ECB in order …
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On July 4, 2013 the ECB Governing Council provided more specific forward guidance than in the past by stating that it expects ECB interest rates to remain at present or lower levels for an extended period of time. As explained by ECB President Mario Draghi this expectation is based on the...
Persistent link: https://www.econbiz.de/10010400889
This note reviews the legal issues and concerns that are likely to play an important role in the ongoing deliberations of the Federal Constitutional Court of Germany concerning the legality of ECB government bond purchases such as those conducted in the context of its earlier Securities Market...
Persistent link: https://www.econbiz.de/10010400895
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