| Author (Person) | Bonatti, Luigi, Fracasso, Andrea, Tamborini, Roberto |
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| Author (Corporate) | European Parliament: DG Internal Policies |
| Publisher | European Parliament |
| Series Title | EPRS Studies |
| Series Details | PE 733.993 |
| ISBN | 978-92-846-9906-3 |
| EC | QA-03-22-135-EN-N |
| Content Type | Research Paper |
Summary:The ongoing escalation of inflation challenges policymakers with radical uncertainty. First, inflation is boosted by the interplay of global and domestic factors. Second, such factors involve both aggregate demand and supply with different intensity in different countries. Third, global factors such as energy prices are also driven by geopolitical unpredictable forces. Risks of both under and over-reaction are present. All this makes a good case for coordination of monetary and fiscal policies within countries and among countries. Yet serious impediments should also be considered. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 28 November 2022. |
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| Source Link |
https://www.europarl.europa.eu/thinktank/en/document/IPOL_STU(2022)733993
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| Subject Categories | Culture, Education and Research, Economic and Financial Affairs, Energy |
| Subject Tags | Inflation |
