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
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Englisch
- Bibliographic citation
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Series: IW Policy Paper ; No. 17/2016E
- Classification
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Wirtschaft
Price Level; Inflation; Deflation
Monetary Policy
Central Banks and Their Policies
- Event
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Geistige Schöpfung
- (who)
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Diermeier, Matthias
Goecke, Henry
- Event
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Veröffentlichung
- (who)
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Institut der deutschen Wirtschaft (IW)
- (where)
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Köln
- (when)
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2016
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Diermeier, Matthias
- Goecke, Henry
- Institut der deutschen Wirtschaft (IW)
Time of origin
- 2016