Doorslaer, Hielke van; Vermeiren, Mattias - 2022
European Central Bank (ECB) – have revised their monetary policy frameworks in a more progressive direction. Whereas the Fed … paper we discuss the revisions of the Fed's and ECB's monetary policy frameworks and explain why a return to a pre-2008 … potential benefits of ‘tight labour markets’ and a ‘hot pressure economy’ for low-income workers), the ECB became committed to …