Artikel

Did the ECB overstep its mandate? Assessing deflationary risks in the euro area

Recent price developments in the euro area demonstrate that deflation is a serious issue of concern. Some euro area countries are already facing a deflation in the usual macroeconomic sense of a 'general price decline'. This article discusses the economic consequences of deflation and suggests that the ECB's expansionary monetary policy was inevitable.

Language
Englisch

Bibliographic citation
Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 50 ; Year: 2015 ; Issue: 3 ; Pages: 165-170 ; Heidelberg: Springer

Classification
Wirtschaft
Subject
Deflation
Geldpolitik
EU-Staaten

Event
Geistige Schöpfung
(who)
Fritsche, Ulrich
Tarassow, Artur
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2015

DOI
doi:10.1007/s10272-015-0538-y
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Fritsche, Ulrich
  • Tarassow, Artur
  • Springer

Time of origin

  • 2015

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