Autore
Wyplosz, Charles

Titolo
The ECB's new definition of price stability: better but short of specifics
Periodico
Politica economica
Anno: 2021 - Fascicolo: 3 - Pagina iniziale: 357 - Pagina finale: 372

The new definition of price stability is a step in the right direction, even though the ECB could have gone further toward the Fed’s average inflation targeting. This definition can become most helpful as the central bank navigates new uncertainties. Yet, the review does not deal with some daunting challenges that are already visible. It will need more than a few principles about price stability to deal with such issues as high and rising public debts, financial stability, or climate change



SICI: 1120-9496(2021)3<357:TENDOP>2.0.ZU;2-T
Testo completo: https://www.rivisteweb.it/download/article/10.1429/103967
Testo completo alternativo: https://www.rivisteweb.it/doi/10.1429/103967

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