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Nordex and IWES develop new turbine testing method

Nordex and IWES develop new turbine testing method
renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.

Andreas Reuter , Michael Franke , Nordex Group , Global Engineering Of The Nordex Group , Vice President Global Engineering ,

Can consumers' inflation expectations help stabilise the economy?


Can consumers’ inflation expectations help stabilise the economy?
By Ioana Duca-Radu, Geoff Kenny and Andreas Reuter
Economists have argued that when interest rates set by policymakers cannot go any lower, the economy can be stabilised if consumers expect the rate of inflation to increase. Yet, the evidence for this stabilising effect has been very mixed. In this article we review new evidence from a monthly survey of over 25,000 individual consumers across the euro area showing that consumers are indeed more ready to spend if they expect inflation to be higher in the future. While generalised in the population, the stabilising effect is stronger when nominal interest rates are constrained at the lower bound. ....

Noord Brabant , United States , Ioana Duca Radu , Geoff Kenny , Alberto Martin , Andreas Reuter , Louise Sagar , Michael Ehrmann , Economics Department , European Central Bank , Consumer Expectations , American Economic Association Papers , European Commission , Trinity College Dublin , Financial Affairs , Eu Programme Of Consumer , Central Bank Communications , Jackson Hole Economic Symposium , Joint Harmonised , Consumer Surveys , American Economic Journal , Economic Policy , Monetary Economics , Bank Communications , General Public , Economic Association Papers ,