The global and European economy have been operating under increasingly unstable conditions for a considerable period of time. More recently, the growing threat of inflation in times of high debt as well as the war in Ukraine have exacerbated the instabilities. Against this background, the...

Topics: Macroeconomic implications of new monetary policy strategies; Monetary policy in models with heterogeneous agents; Implications of structural changes for monetary policy; Monetary policy and bounded rationality of economic agents; Distributional effects of conventional and unconventional...