The ECB's Money Pillar : An Assessment /
This paper discusses the case for a money pillar in the European Central Bank's (ECB) monetary policy strategy. Time-series evidence for industrial countries based on frequency-domain and unobserved-components analysis suggests that money can play a useful role in gauging and constraining long-...
Main Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2003.
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Series: | IMF Working Papers; Working Paper ;
No. 2003/082 |
Online Access: | Full text available on IMF |