This paper documents patterns of price setting at the retail level in the euro area, summarized in six stylized facts. First, the average euro area monthly frequency of price adjustment is 15 p.c., compared to about 25 p.c. in the US. Second, the frequency of price changes is characterized by...

This book examines selected actions and investments of the European Central Bank (ECB) from a climate and sustainability standpoint. Shedding new light on the topic from various angles - ethical, philosophical, political, economical and legal - it situates sustainability mainstreaming in the...

Where do we stand when it comes to Sustainable Financial Markets? -- Ethical Standards beyond Monetary Policy: Approaches to a Philosophical Foundation -- Fundamental rights in the core business of the ECB: No issue?! Experience with the EU petition 429/2017 -- On the role of the ECB in...

This paper discusses an index of perceived inflation developed by Brachinger. Brachinger's index is not based on a survey and measurement of consumers' price perception. It is a model calculation derived from a number of more or less plausible ad hoc assumptions. We find that the results of...

This paper documents patterns of price setting at the retail level in the euro area, summarized in six stylized facts. First, the average euro area monthly frequency of price adjustment is 15 p.c., compared to about 25 p.c. in the US. Second, the frequency of price changes is characterized by...

Chapter 1. From Climate Finance to “climate Finance Society” to a Culture of Sus-tainability. Changing Perspectives on the ECB’s New Strategy -- Chapter 2. Sustainable Finance: What has Happened – What Needs to Happen? -- Chapter 3. The New Sustainability Strategy of the ECB -- Chapter...