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The ECB strategy: The 2021 review and its future

The ECB recently completed an eighteen-month strategy review, published in July 2021, with the aim of innovating on both the design and the magnitude of its policy responses. This report, authored by senior European economists and written in parallel to the official review, provides a timely and clear framework to assess the current changes to and future evolution of the ECB’s strategy.

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Ricco, G, B Weder di Mauro, R Reis, L Reichlin, M McMahon, W Mckibbin and K Adam (eds) (2021), ‘The ECB strategy: The 2021 review and its future‘, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/ecb-strategy-2021-review-and-its-future

Citation

Ricco, G, B Weder di Mauro, R Reis, L Reichlin, M McMahon, W Mckibbin and K Adam (2021), ‘Introduction: The ECB Strategy: The 2021 review and its future‘, in Ricco, G, B Weder di Mauro, R Reis, L Reichlin, M McMahon, W Mckibbin and K Adam (eds), The ECB strategy: The 2021 review and its future, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/ecb-strategy-2021-review-and-its-future

Citation

Ricco, G, B Weder di Mauro, R Reis, L Reichlin, M McMahon, W Mckibbin and K Adam (2021), ‘The objectives of monetary policy‘, in Ricco, G, B Weder di Mauro, R Reis, L Reichlin, M McMahon, W Mckibbin and K Adam (eds), The ECB strategy: The 2021 review and its future, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/ecb-strategy-2021-review-and-its-future

Citation

Ricco, G, B Weder di Mauro, R Reis, L Reichlin, M McMahon, W Mckibbin and K Adam (2021), ‘The tools of monetary policy at the ECB: A new normal‘, in Ricco, G, B Weder di Mauro, R Reis, L Reichlin, M McMahon, W Mckibbin and K Adam (eds), The ECB strategy: The 2021 review and its future, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/ecb-strategy-2021-review-and-its-future

Citation

Ricco, G, B Weder di Mauro, R Reis, L Reichlin, M McMahon, W Mckibbin and K Adam (2021), ‘Fiscal and monetary interactions‘, in Ricco, G, B Weder di Mauro, R Reis, L Reichlin, M McMahon, W Mckibbin and K Adam (eds), The ECB strategy: The 2021 review and its future, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/ecb-strategy-2021-review-and-its-future

Citation

Adam, K, W Mckibbin, M McMahon, L Reichlin, R Reis and G Ricco (2021), ‘Climate change and monetary policy‘, in Ricco, G, B Weder di Mauro, R Reis, L Reichlin, M McMahon, W Mckibbin and K Adam (eds), The ECB strategy: The 2021 review and its future, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/ecb-strategy-2021-review-and-its-future

Citation

Adam, K, W Mckibbin, M McMahon, L Reichlin, R Reis and G Ricco (2021), ‘Appendix: Stylised facts on inflation in the euro area‘, in Ricco, G, B Weder di Mauro, R Reis, L Reichlin, M McMahon, W Mckibbin and K Adam (eds), The ECB strategy: The 2021 review and its future, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/ecb-strategy-2021-review-and-its-future