Bernoth, Kerstin; Fratzscher, Marcel; König, Philipp - In: DIW Economic Bulletin 4 (2014) 5, pp. 15-28
Inflation in the euro area has been below the European Central Bank's target for almost a year now and it is also … the ECB's objective. On the other hand, there is the risk that this situation will lead to a slide into deflation. In view … of the ECB's historically low policy rates, the question arises as to which monetary policy options are available. In …