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Deflation danger in Germany and the monetary policy of the ECB

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  • Georg Erber

Abstract

Since Spring 2003, a discussion has arisen among economists on the danger of deflation worldwide. The recently published study of an IMF Task Force placed these worries on the economic-policy agenda, in particular in Germany. Dr. Georg Erber, German Institute for Economic Research, Berlin, spells out what the European Central Bank and the German Federal Government can to do to counter these dangers in Germany.

Suggested Citation

  • Georg Erber, 2003. "Deflation danger in Germany and the monetary policy of the ECB," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(11), pages 3-9, June.
    • Handle: RePEc:ces:ifosdt:v:56:y:2003:i:11:p:3-9
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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