Dauerkritik an der Europäischen zentralbank

Adalbert Winkler

Wirtschaftsdienst, 2014, vol. 94, issue 7, 479-486

Abstract: The ECB’s decision in favour of additional unconventional monetary policy measures has been severely criticised by German economists, experts and the media. This is consistent with the relentless criticism that the ECB has been subject to over recent years, even though the facts clearly show that the ECB has been living up to its mandate. The prevalence refl ects adherence to a monetary theory that is wrongly applied. The collateral damage of this misapplication is huge as the permanent and unjustifi ed criticism undermines confi dence in the ECB and hence a key element of European integration. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Keywords: E51; E52; E58 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1007/s10273-014-1700-z (text/html)
Access to full text is restricted to subscribers.

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: https://EconPapers.repec.org/RePEc:spr:wirtsc:v:94:y:2014:i:7:p:479-486

Ordering information: This journal article can be ordered from
http://www.springer. ... policy/journal/10273

DOI: 10.1007/s10273-014-1700-z

Access Statistics for this article

Wirtschaftsdienst is currently edited by Christian Breuer

More articles in Wirtschaftsdienst from Springer, ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().