Major adjustments are awaiting the euro zone
By Bruno Ducoudré, Xavier Timbeau and Sébastien Villemot Current account imbalances are at the heart of the process that led to the crisis in the […]
inflation
The ECB is still worried about the weakness of inflation
By Christophe Blot, Jérôme Creel and Paul Hubert The President of the European Central Bank, Mario Draghi, recently announced that the increase in the ECB’s […]
Missing deflation – unique to America?
By Paul Hubert, Mathilde Le Moigne Was the way inflation unfolded after the 2007-2009 crisis atypical? According to Paul Krugman: “If inflation [note: in the […]
What factors are behind the recent rise in long-term interest rates?
By Christophe Blot, Jérôme Creel, Paul Hubert and Fabien Labondance Since the onset of the financial crisis, long-term sovereign interest rates in the euro zone have […]
Is missing disinflation a uniquely American phenomenon?
By Paul Hubert, Mathilde Le Moigne Are the dynamics of inflation after the 2007-2009 crisis atypical? According to Paul Krugman, “If inflation had responded to […]
Give Recovery a Chance
By iAGS team, under the direction of Xavier Timbeau The ongoing recovery of the Euro Area (EA) economy is too slow to achieve a prompt […]
The official introduction of the euro in Lithuania: does it really make no difference?
Sandrine Levasseur On 1 January 2015, Lithuania adopted the euro officially, becoming the 19th member of the euro zone. The adoption was in reality formal, […]
Dealing with the ECB’s triple mandate
By Christophe Blot, Jérôme Creel, Paul Hubert and Fabien Labondance The financial crisis has sparked debate about the role of the central banks and monetary […]
And what if the ECB respected its mandate!
By Christophe Blot Article 127 of the Treaty on the Functioning of the European Union (TFEU), i.e. former Article 105 of the Maastricht Treaty, states […]
What monetary policy for the ECB in 2013?
By Paul Hubert After the monthly meeting of the Board of Governors of the European Central Bank on 7 February 2013, the ECB decided to […]