| Author (Corporate) | European Commission: DG Economic and Financial Affairs |
|---|---|
| Series Title | European Economy: Institutional Papers |
| Series Details | Vol.14, No.4 (2015) |
| Publication Date | January 2016 |
| ISBN | 978-92-79-54307-4 |
| ISSN | 2443-8014 |
| EC | KC-BC-16-016-EN-N |
| Content Type | Journal | Series | Blog, Report |
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Abstract: This edition of the QREA reviews the issue of shocks and adjustment in the light of recent crises. It analyses the functioning of a key internal adjustment process in EMU, the 'relative price mechanism', as well as the 'real interest rate mechanism'. It also reviews the different implications of high levels of indebtedness. |
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| Source Link | Link to Main Source http://dx.publications.europa.eu/10.2765/906035 |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |