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Numerical compliance with EU fiscal rules : facts and figures from a new database

Larch, Martin; Malzubris, Janis; Santacroce, Stefano - In: Intereconomics : review of European economic policy 58 (2023) 1, pp. 32-42

EU fiscal rules are meant to keep public finances on a sustainable path. This paper presents a new database that tracks numerical compliance with the four main rules of the Stability and Growth Pact starting in 1998. Our assessment of numerical compliance abstracts from the many exceptions and...

Persistent link: https://www.econbiz.de/10014233317

Reflections on the stability and growth pact's preventive arm in light of the COVID-19 crisis

Hauptmeier, Sebastian; Leiner-Killinger, Nadine - In: Intereconomics : review of European economic policy 55 (2020) 5, pp. 296-300

Persistent link: https://www.econbiz.de/10012315510

A simple post-crisis EMU Phillips Curve : implications for monetary policy

Hennecke, Peter - In: Intereconomics : review of European economic policy 53 (2018) 6, pp. 333-336

The persistently low wage and price growth in the EMU after the Great Recession of 2009 led some economic observers to … conclude that the Phillips Curve has broken down and that the ECB should therefore reconsider its infl ation target. This study … makes use of the considerable cross-country and cross-time heterogeneity in terms of infl ation and capacity utilisation of …

Persistent link: https://www.econbiz.de/10011987417

Unravelling the roots of the EMU crisis : structural divides, uneven recoveries and possible ways out

Celi, Giuseppe; Guarascio, Dario; Simonazzi, Annamaria - In: Intereconomics : review of European economic policy 54 (2019) 1, pp. 23-30

The process of European integration can be described as the increasing interdependence between economies at different levels of development and with different productive capabilities. It evolved from a pre-eminently political project to a ‘de-politicised’ management based on the automatism...

Persistent link: https://www.econbiz.de/10011987558

Convergence and divergence in the EU : lessons from Italy

Eichengreen, Barry - In: Intereconomics : review of European economic policy 54 (2019) 1, pp. 31-34

The topic of the Intereconomics/CEPS conference for which this paper was written was framed as a question: convergence or divergence in the EU? I am prepared to give an unambiguous answer. That answer is yes.

Persistent link: https://www.econbiz.de/10011987560

The communication policy of the European Central Bank : a review of the first five years

Kuhn, Britta - In: Intereconomics : review of European economic policy 40 (2005) 1, pp. 22-28

Persistent link: https://www.econbiz.de/10002572315

Driven by the markets? : ECB sovereign bond purchases and the securities markets programme

Belke, Ansgar - In: Intereconomics : review of European economic policy 45 (2010) 6, pp. 357-363

Persistent link: https://www.econbiz.de/10008759381

Change at the ECB executive board

Eijffinger, Sylvester C. W. - In: Intereconomics : review of European economic policy 41 (2006) 2, pp. 93-99

Persistent link: https://www.econbiz.de/10003309722

The European Central Bank’s ethical rules : incidents at the US Federal Reserve raise questions about the rules of conduct for the European Central Bank’s governing council

Hansen, Arne; Meyer, Dirk - In: Intereconomics : review of European economic policy 57 (2022) 5, pp. 322-328

The study analyses the private securities transactions at the US Federal Reserve that have been made public since late 2021 and are worthy of criticism. It is shown by way of example that under the current applicable rules of conduct for the European Central Bank’s Governing Council members,...

Persistent link: https://www.econbiz.de/10013411256

Reversing the great monetary expansion

Angeloni, Ignazio - In: Intereconomics : review of European economic policy 58 (2023) 3, pp. 142-147

Persistent link: https://www.econbiz.de/10014289779