inflation and macroeconomic imbalances, close economic and financial linkages with the euro area, as well as the perspective of …. Nevertheless, further efforts are needed, while acknowledging that some specific factors like the strong presence of euro area …

inflation and macroeconomic imbalances, close economic and financial linkages with the euro area, as well as the perspective of …. Nevertheless, further efforts are needed, while acknowledging that some specific factors like the strong presence of euro area …

In order to understand why there is a continuous increase in euro banknote circulation even though the use of cash for … transactions is decreasing in the euro area – a phenomenon known as the paradox of banknotes – the members of the Overseas … workstream of the Eurosystem Research Network on Cash (EURECA) 1 have conducted a study on the foreign demand for euro banknotes …

In July 2021 the Eurosystem decided to launch the investigation phase of the digital euro project, which aims to … provide euro area citizens with access to central bank money in an increasingly digitalised world. While a digital euro could … of uncertainty surrounding the design of a potential digital euro, its demand and the prevailing environment in which it …

the digital euro, the features already envisaged for its design would make it possible to minimise the risk of negative …

This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area … are - i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is … moderate; ii) Retail prices in the euro area are more sticky than in the US; iii) There is significant sectoral heterogeneity …

This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is … moderate; ii) Retail prices in the euro area are more sticky than in the US; iii) There is significant sectoral heterogeneity …

what extent the interaction between macroprudential and monetary policies differs, given the heterogeneity across euro area …