The fiscal monetary nexus in the euro area

Recine, Benedetto (A.A. 2021/2022) The fiscal monetary nexus in the euro area. Tesi di Laurea in Money and banking, Luiss Guido Carli, relatore Paolo Paesani, pp. 44. [Bachelor's Degree Thesis]

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Abstract/Index

The evolution of the EU fiscal policy framework. The role of fiscal policy. The EU/euro area framework for fiscal policy. The fiscal situation of member states before Covid. The fiscal policy responses to the Covid-19 pandemic crisis. The euro area monetary policy response. Monetary policy before Covid. Monetary response to Covid-19. The fiscal–monetary nexus. The complementarity of fiscal-monetary policies. The conflict between fiscal dominance and central bank independence. Threat to fiscal-monetary nexus: the surge of inflation. Pandemic related inflation. New factors for inflation measures. Complexities in inflation forecasts. Future developments and policy implications. Normalisation of monetary policy. Solvency risks. Governance and fiscal framework.

References

Bibliografia: pp. 41-44.

Thesis Type: Bachelor's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, English language (L-33)
Chair: Money and banking
Thesis Supervisor: Paesani, Paolo
Academic Year: 2021/2022
Session: Summer
Deposited by: Alessandro Perfetti
Date Deposited: 29 Sep 2022 07:14
Last Modified: 29 Sep 2022 07:14
URI: https://tesi.luiss.it/id/eprint/33487

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