Tag Archives: Inflation

A note on the Feasibility ECB Quantitative Easing

Recent comments from the ECB about potential attempts to mitigate a decrease in inflation through QE have led to an increased interest in the articles posted on this website about the SMP and the CBPP. However, such interventions were pursued for different … Continue reading

Posted in Current Events, ECB, Euro-zone Update, Inflation, Sovereign debt Crisis | Tagged , , , , , , , , , , , , | 2 Comments

Balassa-Samuelson Effect

This post considers the famous and somewhat contentious issue of Purchasing Power Parity (PPP), and the deviations from it explained by what is known as the Balassa-Samuelson Effect. In doing so it is hoped it will facilitate the understanding of … Continue reading

Posted in Economic Concepts, Inflation, Uncategorized | Tagged , , , , , , , , , , , , , | 1 Comment

Divergence in the Euro-Zone: Famous, Obscure and Predictable Facts

In a previous post about the theory of optimum currency areas (OCA), asymmetric shocks, structural problems and the intrinsic need that this creates for the institution of a fiscal union, I argued that incomplete by monetary unions (i.e.: lacking a … Continue reading

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News Round up and Comment – 09/03/2012

11 interesting news trends today: Greece seems to have achieved a 95.7% participation rate in the public debt PSI. This means that 95.7% of the total (€206 Bn) privately held Greek public debt will suffer a haircut of 53% and … Continue reading

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Week ahead Calendar: 27/02/2012 to 01/03/2012: M3, Italian and Spanish bond auctions, LTRO and CPI

Once again, please find below a list of the eventful days ahead. The main sources are Unicredit’s Weekly Focus, Forex Trading weekly calendar, the EU’s general calendar, the EU’s national issuance calendar and many others,  all of which I advise you to consult directly. I found Unicredit’s … Continue reading

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