Does monetary policy work against workers?

Does monetary policy work against workers?

A new study finds that ECB’s monetary policy affects the wage share of companies and thereby the distribution of income between workers and shareholders. Given that these effects differ by firm characteristics, monetary policy has uneven effects across the euro area. To tackle this, more targeted monetary policy tools should be developed. 

ECB and climate change – what’s new? (Webinar Video)

ECB and climate change – what’s new? (Webinar Video)

What are the conclusions of the ECB’s strategy review, and what are the implications of its climate action on our everyday lives?

In this short presentation, our economist Uuree focuses on the Asset Purchase Programmes, namely the Corporate Sector Purchase Programme of the ECB and explains why it represents a real issue when it comes to the climate emergency.

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