Níl an t-ábhar seo ar fáil i nGaeilge.

Daniela Filip

Division: Supply Side, Labour and Surveillance
Current Position: Economist
Fields of interest: Macroeconomics and Monetary Economics,Economic Growth,Other Special Topics
Email: marinela_daniela.filip@ecb.europa.eu

Biography

Education: 2017-2018
MA in Economics of Globalisation and European Integration, University of Antwerp, Belgium; 2012-2017
BA in Economics, University of Barcelona, Spain
Professional experience: 2022
Economist - Supply Side, Labour and Surveillance Division, Directorate General Economics, European Central Bank; 2021-2022
Economist - Fiscal Policies Division, Directorate General Economics, European Central Bank; 2020-2021
Economist - National Office of Foresight and Strategy, Cabinet of the Spanish Prime Minister, Spain; 2019-2020
Economist - Spain and Portugal Division, BBVA Research, Spain; 2018-2019
Trainee - Euro Area External Sector and Euro Adoption Division, Directorate General Economics, European Central Bank

ECB publications

29 June 2023

ECONOMIC BULLETIN - BOX

Economic Bulletin Issue 4, 2023

Abstract: The box provides an analysis of the recent increase in inflation differentials in the euro area countries and its impact on price competitiveness. To a certain extent, inflation differentials are normal in a currency union, insofar as they reflect temporary adjustments to shocks or are associated with catching-up processes. However, in other cases, inflation differentials may reflect persistent diverging cost developments, possibly related to a spillover of energy and/or food price shocks into labour cost differentials, or structural challenges such as nominal and real rigidities in product and labour markets. In such cases, inflation differentials may cause significant shifts in price competitiveness that need to be addressed by structural policies and/or countercyclical fiscal policy. Several euro area countries with legacy external imbalances have improved their price competitiveness in recent years when compared with the pre-pandemic period, while others have recorded considerable losses in price competitiveness.
JEL Code: E31 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→Price Level, Inflation, Deflation
F32 : International Economics→International Finance→Current Account Adjustment, Short-Term Capital Movements
J31 : Labor and Demographic Economics→Wages, Compensation, and Labor Costs→Wage Level and Structure, Wage Differentials

20 April 2023

OCCASIONAL PAPER SERIES - No. 315

Abstract: Fiscal policy plays a prominent role in climate change mitigation and adaptation. An optimal combination of revenue policies, in particular taxes, and expenditure policies, such as subsidies and investment, is essential in order to achieve greenhouse gas emissions targets. This paper analyses the main fiscal instruments in place in European Union Member States, focusing on specific issues, such as the fiscal impact of extreme weather events, the interaction between debt sustainability and climate change, the green investment gap and the distributional impact of climate policies. The paper aims to provide an overview of existing fiscal policies and of the main fiscal challenges for a comprehensive European climate change strategy.
JEL Code: H2 : Public Economics→Taxation, Subsidies, and Revenue
H5 : Public Economics→National Government Expenditures and Related Policies
H6 : Public Economics→National Budget, Deficit, and Debt
Q54 : Agricultural and Natural Resource Economics, Environmental and Ecological Economics→Environmental Economics→Climate, Natural Disasters, Global Warming
Q58 : Agricultural and Natural Resource Economics, Environmental and Ecological Economics→Environmental Economics→Government Policy
D63 : Microeconomics→Welfare Economics→Equity, Justice, Inequality, and Other Normative Criteria and Measurement