How Large Is the Risk of Stagflation in the Eurozone
Markus Demary / Michael Hüther in Intereconomics External Publication 15. February 2022 How Large Is the Risk of Stagflation in the Eurozone
The rapid recovery of demand combined with supply constraints has led to rising prices during the past months. This is evident in oil and gas markets, but also in international trade, which has been thrown out of step by bottlenecks at Asian ports.
Markus Demary / Michael Hüther in Intereconomics German Economic Institute (IW)
The rapid recovery of demand combined with supply constraints has led to rising prices during the past months. This is evident in oil and gas markets, but also in international trade, which has been thrown out of step by bottlenecks at Asian ports.
This situation creates a trade-off for the European Central Bank, because a more expansionary monetary policy cannot mitigate the supply bottlenecks and supply-side restrictions, while a more restrictive monetary policy would slow down the economic recovery. For this reason, key interest rate hikes in the eurozone are not to be expected for 2022. If the supply-side factors become persistent and wage policy tries to pass the price effects on, monetary policy will be forced to become restrictive
Hubertus Bardt IW-Policy Paper No. 5 23. July 2024
Trump or Harris or ...? What Europe must prepare for
A few months before the presidential election in the USA, Donald Trump has a good chance of being re-elected. On the Democratic side, the incumbent president has withdrawn his candidacy after a long period of hesitation, while Vice President Kamala Harris is ...
Compendium 5.5: CO2 Regulation of Road Transport in Europe
With the Compendium CO2 Regulation in Europe, the IW has been providing the interested public with a comprehensive collection of data on the development of CO2 emissions from passenger car traffic in the European Union, as well as on the applicable regulatory ...
This website uses necessary cookies to ensure the operation of the website. An analysis of user behavior by third parties does not take place. You can find detailed information about the use of cookies in our privacy policy.
Warning: You are using an outdated browser!
Please switch to a modern browser (e.g. Google Chrome, Firefox or Microsoft Edge) in order to enjoy the best user experience.
German Economic Institute (IW) ![[Translate to English:] Das Gebäude des Weißen Hauses in Washington, D.C. in den Vereinigten Staaten von Amerika.](/fileadmin/_processed_/c/1/csm_GettyImages-2161499385_White_House_Editorial_3a4638e341.jpg "[Translate to English:] Das Gebäude des Weißen Hauses in Washington, D.C. in den Vereinigten Staaten von Amerika.")
![[Translate to English:] Das Gebäude des Weißen Hauses in Washington, D.C. in den Vereinigten Staaten von Amerika.](/fileadmin/_processed_/c/1/csm_GettyImages-2161499385_White_House_Editorial_ca84ce480a.jpg "[Translate to English:] Das Gebäude des Weißen Hauses in Washington, D.C. in den Vereinigten Staaten von Amerika.")