Seit Mitte des vergangenen Jahres steigt die Inflation im Euroraum beträchtlich. Grund sind insbesondere die verteuerten Energiepreise. Der russische Angriff auf die Ukraine seit Ende Februar hat diesen Trend noch einmal verschärft. Um die Preise stabil zu halten, müsste die Europäische Zentralbank langsam die Geldpolitik zügeln. Doch hätte beispielweise eine Zinserhöhung überhaupt den Effekt, die ...
Inflation has been growing considerably since the middle of 2021, with rising energy prices driving the increase in particular. Since the end of February 2022, the trend has also been exacerbated by the ongoing Russian invasion of Ukraine. To keep prices stable, the European Central Bank must rein in its accommodative monetary policy. However, would doing so—by enacting an interest rate increase, for ...
This text was originally published on BSE INSIGHTS. On February 24, 2022, Russian forces began their first attacks in a war on Ukraine. Since then, more than 5 million refugees have left Ukraine, and among those, more than 90% fled into the EU (UNHCR, 2022). A recent survey of the German Federal Ministry of the Interior among 1,936 refugees arriving from Ukraine finds 92% of all respondents had been ...
Abstract: Efforts to assess the possibilities for decoupling economic growth from negative environmental impacts have examined their historical relationship, with varying and inconclusive results. Part of the problem is ambiguity arising from definitional changes to GDP. I review the history of structural revisions to GDP on both the national level and on international comparisons of purchasing...
