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Is the recent increase in long-term interest rates a threat to euro-area recovery?

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  • Grégory Claeys
  • Konstantinos Efstathiou

Abstract

This policy contribution was prepared for the Committee on Economic and Monetary Affairs of the European Parliament (ECON) as an input for the Monetary Dialogue of 29 May 2017 between ECON and the President of the ECB. (http- //www.europarl. europa.eu/committees/ en/econ/monetarydialogue.html). Copyright remains with the European Parliament at all times. After reaching historically low levels in the first half of 2016, European long-term sovereign yields experienced a notable increase in the...

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  • Grégory Claeys & Konstantinos Efstathiou, 2017. "Is the recent increase in long-term interest rates a threat to euro-area recovery?," Policy Contributions 20686, Bruegel.
    • Handle: RePEc:bre:polcon:20686
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    File URL: https://www.bruegel.org/wp-content/uploads/2017/05/PC-14-2017.pdf
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