[PDF][PDF] Labour market differences and monetary policy in the euro area
S Gomes, P Jacquinot, M Lozej - SUERF Policy Brief, 2023 - suerf.org
A particular feature of the euro area is that monetary policy is conducted based on area-wide
considerations, while labour market institutions differ between countries in the union. These …
considerations, while labour market institutions differ between countries in the union. These …
A single monetary policy for heterogeneous labour markets: the case of the euro area
S Gomes, P Jacquinot, M Lozej - 2023 - papers.ssrn.com
Differences in labour market institutions and regulations between countries of the monetary
union can cause divergent responses even to a common shock. We augment a multi-country …
union can cause divergent responses even to a common shock. We augment a multi-country …
[PDF][PDF] Monetary Policy in Advanced Economies-What New Normal?
CFP da Cunha - 2022 - repositorio-aberto.up.pt
Neutral real interest rates in advanced economies have decreased and remained
persistently low since the 1980s, which constrains policy rates in the face of negative …
persistently low since the 1980s, which constrains policy rates in the face of negative …