Fichtner, Ferdinand; Döhrn, Roland; Holtemöller, Oliver; … - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 96 (2016) 5, pp. 351-256
employment growth, sizeable increases in wage and transfer income, and also purchasing power gains thanks to lower energy prices … growth, as seen in recent years, is not a sustainable path. In view of the continuous slack in the euro area economy, the … stimulate growth might become necessary. The scope for further monetary policy measures has been widely exhausted, though. A …