The Transmission Mechanism of European Monetary Policy : Is There Heterogeneity? Is it Changing over Time? /
This paper investigates the transmission mechanism of monetary policy in the four largest euro area countries by means Bayesian estimation of dynamic econometric models. Based on pre-EMU evidence from Germany, France, Italy, and Spain, we show that: (i) there are differences in the timing of the eff...
Հիմնական հեղինակ: | |
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Այլ հեղինակներ: | |
Ձևաչափ: | Ամսագիր |
Լեզու: | English |
Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2002.
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Շարք: | IMF Working Papers; Working Paper ;
No. 2002/054 |
Առցանց հասանելիություն: | Full text available on IMF |