Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/157568
Authors: 
Hüther, Michael
Demary, Markus
Year of Publication: 
2016
Series/Report no.: 
IW-Kurzberichte 62.2016
Abstract: 
Eurozone inflation underperforms since the beginning of 2013 and monetary policy struggles to stabilize it since then. The items of the aggregate inflation rate indicate that low inflation is due to both supply and demand factors and weak demand is caused by indebtness and unemployment. Additional monetary policy measures are not required in the current situation because monetary policy has long lags when economies are indebted and it already helped to reduce cyclical unemployment.
Document Type: 
Research Report

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.