Above, but close to two percent. Evidence on the ECB’s inflation target using text mining
Due to its official mandate, the European Central Bank (ECB) is assumed to maximize an implied objective function that leads it to pursue inflation with a subordinate focus on supporting the general economic policy of the European Union. This objective is – by its very nature – difficult to quantify...
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Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 46-2020) |
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Main Author: | |
Format: | Article |
Language: | English |
Published: |
Philipps-Universität Marburg
2020
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Online Access: | PDF Full Text |
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MAGKS - Joint Discussion Paper Series in Economics