The Dimensions of Responsibility: Perspectives on the ECB’s Monetary Policy Mandate
Uitgebreide analyse
15-05-2020
A strong theoretical and empirical case exists for a dual monetary policy mandate. Central banks should aim to stabilise both prices (or inflation) and output (or employment). Other objectives, such as financial stability, reversing climate change, and reducing inequality are at best secondary objectives for which better policy tools are available. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs.
Uitgebreide analyse
Externe auteur
Joseph E. GAGNON, Jacob F. KIRKEGAARD, David W. WILCOX, Christopher G. COLLINS
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Publicatietype
Zoekterm
- Aantasting van het milieu
- arbeidsmarkt
- arbeidsmarkt
- duurzame ontwikkeling
- ECONOMIE
- economisch beleid
- economische situatie
- EU-instellingen en Europese overheid
- Europese Centrale Bank
- EUROPESE UNIE
- financiële stabiliteit
- FINANCIËN
- inflatie
- institutionele bevoegdheid (EU)
- klimaatsverandering
- MILIEU
- monetair beleid
- monetaire economie
- prijsstabiliteit
- prijzen
- volledige werkgelegenheid
- vrij verkeer van kapitaal
- werkgelegenheid
- WERKGELEGENHEID EN ARBEID