COVID-19 and the Future of Quantitative Easing in the Euro Area: Three Scenarios with a Trilemma
Analyse approfondie
30-09-2020
We present the set of measures that the ECB has undertaken to fight the pandemic crisis by outlining the deep impact that COVID-19 is having on economic structures, and by highlighting the differences between the current policy package and previous ECB’s programmes. Moreover, we discuss what are the challenges that await the ECB in the medium to long run, contingent on different post-COVID scenarios concerning economic growth and inflation, considering its peculiar multinational jurisdiction. This document was provided by Policy Department A at the request of the Committee on Economic and Monetary Affairs (ECON).
Analyse approfondie
Auteur externe
Luigi BONATTI, Andrea FRACASSO, Roberto TAMBORINI
À propos de ce document
Type de publication
Mot-clé
- analyse économique
- Banque centrale européenne
- commission PE
- conséquence économique
- documentation
- euro
- Eurogroupe (zone euro)
- FINANCES
- fiscalité
- institutions de l'Union européenne et fonction publique européenne
- maladie à coronavirus
- politique fiscale
- politique monétaire unique
- QUESTIONS SOCIALES
- rapport de recherche
- relations monétaires
- reprise économique
- santé
- situation économique
- UNION EUROPÉENNE
- ÉCONOMIE
- économie monétaire
- ÉDUCATION ET COMMUNICATION
- épidémie