Autori: Demertzis, Maria , Domínguez-Jiménez, Marta
Titolo: Monetary policy in the time of Covid-19, or how uncertainty is here to stay
Periodico: Politica economica
Anno: 2021 - Fascicolo: 3 - Pagina iniziale: 313 - Pagina finale: 338

The COVID-19 crisis has compounded the uncertainty that has come to characterise the European economy. We explore how this uncertainty manifests itself in terms of European Central Bank decision-making and the long-run challenges the ECB faces. Confidence in ECB actions will come from the contingency scenarios it considers and communicates on, and from the adoption of potential policies for a wide range of such scenarios. Greater clarity around the ECB’s inflation target and surrounding tolerance bands would also be beneficial


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SICI: 1120-9496(2021)3<313:MPITTO>2.0.ZU;2-B
Testo completo: https://www.rivisteweb.it/download/article/10.1429/103966
Testo completo alternativo: https://www.rivisteweb.it/doi/10.1429/103966

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