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Sources of inflation persistence in the Euro AreaEnglish | View long abstract 21-Jul-2005 Boris Cournède, Alexandra Janovskaia and Paul van den Noord The persistence of inflation in Euro Area countries is found to be related to structural rigidities. Economics Department Working Paper 435. Also available:Related documents: |
Economic Survey of the Euro Area 2005: Integrating services marketspdf,82Kb,English | View long abstract 12-Jul-2005 Integration of service markets could pay large growth dividends. Rapid adoption and implementation of the services directive is crucial. Excerpt from chapter 4 of the OECD Economic Survey of the Euro ... Also available:Related documents: |
Economic Survey of the Euro Area 2005: Illustrative estimates of the impact of owner occupied housing costs on inflationpdf,25Kb,English | View long abstract 12-Jul-2005 The main price index used by the ECB, the HICP, does not take housing costs for owner occupiers into account but OECD estimates suggest that they can have a sizeable impact on inflation measures. Excerpt ... Also available:Related documents: |
Economic Survey of the Euro Area 2005: Going for growth and resilienceEnglish | View long abstract 12-Jul-2005 Making the euro area more resilient against adverse shocks and boosting its potential growth requires structural reforms in labour markets, services markets and better framework conditions for innovation. Also available: |
Economic Survey of the Euro Area 2005: Putting the fiscal house in orderEnglish | View long abstract 12-Jul-2005 Failure of several euro area countries to abide by the fiscal rules results from blurred incentives, and weak surveillance and enforcement. Addressing these problems requires solid budget institutions. Also available: |
Economic Survey of the Euro Area 2005: Current issues in monetary policyEnglish | View long abstract 12-Jul-2005 Since 2000 inflation has remained close to, but mostly somewhat above the 2% mark, despite weak growth and an appreciating euro. Structural reforms may widen the room for monetary policy action. Also available: |
Economic Survey of the Euro Area 2005: Outlook and challengesEnglish | View long abstract 12-Jul-2005 The recovery is projected to resume after a soft patch that began in the second half of 2004. But the euro area lacks resilience against adverse shocks amid slow trend growth. Both are likely to be shaped by structural factors, as macroeconomic policy is supportive Also available: |
Economic Survey of the Euro Area 2005English | View long abstract 12-Jul-2005 Economic growth in the euro area has been lagging behind since the mid 1990s. Boosting the poor growth performance and widening the room for monetary policy requires stepping up the pace of structural ... Also available: |