Where is the Euro Area headed? Restoration of price stability

被引：3

作者：

Malliaris, Anastasios G. ^{[1
,2
]}

Malliaris, Mary E. ^{[3
]}

机构：

[1] Loyola Univ Chicago, Quinlan Sch Business, Dept Econ, Schreiber Hall,16 East Pearson St, Chicago, IL 60611 USA

[2] Loyola Univ Chicago, Quinlan Sch Business, Dept Finance, Schreiber Hall,16 East Pearson St, Chicago, IL 60611 USA

[3] Loyola Univ Chicago, Quinlan Sch Business, Dept Informat Syst & Supply Chain Management, Schreiber Hall,16 East Pearson St, Chicago, IL 60611 USA

来源：

JOURNAL OF POLICY MODELING | 2023年 / 45卷 / 04期

关键词：

European Economic Growth; Inflation; Monetary Policy; Global Shocks; Price Stability; INFLATION;

D O I：

10.1016/j.jpolmod.2023.07.008

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

After the two recent global shocks of the COVID-19 Pandemic of 2019-2021 and the Russian invasion of Ukraine in February 2022, the 2023-24 economic priority for the Euro Area is the fight against inflation in the midst of global economic and financial uncertainties. We focus on Euro Area inflation, analyze its diagnostics, examine inflation expectations, review theories of inflation and evaluate monetary and fiscal policies prompted because of COVID-19. Then we explore policies of the European Central Bank to fight inflation and conclude that restoration of price stability in the Euro Area will remain its central focus during 2023 and 2024.(c) 2023 The Society for Policy Modeling. Published by Elsevier Inc. All rights reserved.

引用

页码：848 / 863

页数：16

共 50 条

[1] Euro area money demand and international portfolio allocation: A contribution to assessing risks to price stability
De Santis, Roberto A.
Favero, Carlo A.
Roffia, Barbara
JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 2013, 32 : 377 - 404
[2] Monetary Aggregates and Consumer Price Inflation in the Euro Area
Slahor, L'udomir
Stanko, Peter
Bartekova, Maria
EUROPEAN FINANCIAL SYSTEMS 2015: PROCEEDINGS OF THE 12TH INTERNATIONAL SCIENTIFIC CONFERENCE, 2015, : 626 - 632
[3] Oil price pass-through along the price chain in the euro area
Castro, Cesar
Jimenez-Rodriguez, Rebeca
ENERGY ECONOMICS, 2017, 64 : 24 - 30
[4] On the sources of macroeconomic stability in the euro area
Avouyi-Dovi, Sanvi
Sahuc, Jean-Guillaume
EUROPEAN ECONOMIC REVIEW, 2016, 83 : 40 - 63
[5] PRICE-LEVEL CHANGES AND THE REDISTRIBUTION OF NOMINAL WEALTH ACROSS THE EURO AREA
Adam, Klaus
Zhu, Junyi
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION, 2016, 14 (04) : 871 - 906
[6] Forecasting house-price growth in the Euro area with dynamic model averaging
Risse, Marian
Kern, Martin
NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE, 2016, 38 : 70 - 85
[7] The time varying effect of oil price shocks on euro-area exports
Riggi, Marianna
Venditti, Fabrizio
JOURNAL OF ECONOMIC DYNAMICS & CONTROL, 2015, 59 : 75 - 94
[8] Food Price Pass-Through in the Euro Area: Non-Linearities and the Role of the Common Agricultural Policy
Ferrucci, Gianluigi
Jimenez-Rodriguez, Rebeca
Onorante, Luca
INTERNATIONAL JOURNAL OF CENTRAL BANKING, 2012, 8 (01) : 179 - 217
[9] Inflation and inflation uncertainty in the euro area
Caporale, Guglielmo Maria
Onorante, Luca
Paesani, Paolo
EMPIRICAL ECONOMICS, 2012, 43 (02) : 597 - 615
[10] On the Stability of Euro Area Money Demand and Its Implications for Monetary Policy
Barigozzi, Matteo
Conti, Antonio M.
OXFORD BULLETIN OF ECONOMICS AND STATISTICS, 2018, 80 (04) : 755 - 787

← 1 2 3 4 5 →