CORDIS
EU research results

CORDIS

English EN

Uncertainty shocks, inflation dynamics and monetary policy

Project information

Grant agreement ID: 840187

Status

Ongoing project

  • Start date

    1 November 2019

  • End date

    31 October 2021

Funded under:

H2020-EU.1.3.2.

  • Overall budget:

    € 224 933,76

  • EU contribution

    € 224 933,76

Coordinated by:

QUEEN MARY UNIVERSITY OF LONDON

United Kingdom

Project description

English EN

Factors impacting price inflation

Despite a common monetary policy, Euro Area economies face an idiosyncratic degree of uncertainty. This stems both from country-specific developments and from shocks experienced by major partners such as the United Kingdom and the United States. The EU-funded UNMACRODYN project aims to study the macroeconomic dynamics in response to uncertainty shocks. It will explore how price inflation is affected by a country’s monetary policy. Two papers will be published, focusing on the American economy as the benchmark case and the Euro Area’s major economies. Research outcomes will serve as a reference for policymakers in carrying out monetary policy and managing the macroeconomic effects of uncertainty shocks.

Leaflet | Map data © OpenStreetMap contributors, Credit: EC-GISCO, © EuroGeographics for the administrative boundaries

Coordinator

QUEEN MARY UNIVERSITY OF LONDON

Address

327 Mile End Road
E1 4ns London

United Kingdom

Activity type

Higher or Secondary Education Establishments

EU Contribution

€ 224 933,76

Project information

Grant agreement ID: 840187

Status

Ongoing project

  • Start date

    1 November 2019

  • End date

    31 October 2021

Funded under:

H2020-EU.1.3.2.

  • Overall budget:

    € 224 933,76

  • EU contribution

    € 224 933,76

Coordinated by:

QUEEN MARY UNIVERSITY OF LONDON

United Kingdom