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An Interest Stabilisation Mechanism to Unburden the ECB
Following the twin crises of sovereign debt and COVID-19, the ECB risks being stuck in a situation of fiscal dominance, in which monetary policy is subordinated to the needs of finance ministers. A strong post-COVID-19 recovery may increase inflationary pressures, requiring a shift towards a less ac...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Springer Berlin Heidelberg
2021
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8490834/ https://www.ncbi.nlm.nih.gov/pubmed/34629504 http://dx.doi.org/10.1007/s10272-021-0998-1 |