Economics at your fingertips  

The ECB Monetary Strategy: A Critical Assessment

Carlos J. Rodríguez Fuentes () and David Padrón Marrero
Additional contact information
Carlos J. Rodríguez Fuentes: Universidad de La Laguna
David Padrón Marrero: Universidad de La Laguna

Revista de Economía Crítica, 2019, vol. 27, 16-31

Abstract: This paper aims to provide a critical assessment of the performance of the ECB's monetary strategy, as well as of the substantial "de facto" changes this strategy has undergone from 2010 onwards. These changes have occurred as a consequence of the unforeseen challenges that the eurozone crisis posed to its implicit conventional monetary model of "two pillars". The standpoint of the paper is that the institutional changes the eurozone requires cannot be limited to the so-called institutional failures in the architecture of the European monetary union, but should also be extended to reconsider the underlying theoretical framework that inspires the ECB's monetary strategy.

Keywords: ECB's monetary policy strategy; monetary policy and inflation; eurozone monetary reform (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) ... onetary-Strategy.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Revista de Economía Crítica from Asociación de Economía Crítica Contact information at EDIRC.
Bibliographic data for series maintained by Emilio Padilla Rosa ().

Page updated 2020-12-08
Handle: RePEc:ret:ecocri:rec27_03