Arbeitspapier

Money supply and inflation in Europe: Is there still a connection?

Since the outbreak of the European financial and economic crisis in 2008, the monetary policy of the European Central Bank (ECB) has been in crisis mode. The central bankers are attempting to get a grasp on the current low inflation rates and inflation expectations by, among other things, introducing a policy of extreme quantitative easing. The expansion of the Eurosystem's balance sheet was problem-free on this occasion, and the ECB also managed to eventually increase the money supply again. However, ensuring that the growth in the money supply transmutes into higher inflation or inflation expectations has been much more difficult. [...]

Language
Englisch

Bibliographic citation
Series: IW Policy Paper ; No. 17/2016E

Classification
Wirtschaft
Price Level; Inflation; Deflation
Monetary Policy
Central Banks and Their Policies

Event
Geistige Schöpfung
(who)
Diermeier, Matthias
Goecke, Henry
Event
Veröffentlichung
(who)
Institut der deutschen Wirtschaft (IW)
(where)
Köln
(when)
2016

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Diermeier, Matthias
  • Goecke, Henry
  • Institut der deutschen Wirtschaft (IW)

Time of origin

  • 2016

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