How do supply and demand shocks determine potential output?
Between 2012 and 2016, inflation in the euro area remained surprisingly low: what factors were at play, what are the consequences and what can the ECB do about it?
A unified monetary policy but national fiscal policies in the euro area: what have we learnt over the last few years?
«Why have central banks implemented asset purchase programmes? How do these programmes exactly work and how do they affect the economy?» Using a Q&A format, this article explains this «new weapon» of monetary policy