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
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
收藏
页码:848 / 863
页数:16
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