Monetary Policy Under EMU : Differences in the Transmission Mechanism?

Differences in the Transmission Mechanism?

Monetary Policy Under EMU : Differences in the Transmission Mechanism?
This study identifies differences in the monetary policy transmission mechanism across the countries in the euro area. It is argued that part of the differences in the response of economic activity to monetary policy during the pre-EMU period, found in other studies, reflected differences in monetary policy reaction functions, rather than... READ MORE...

Publication date: August 2001
ISBN 9781451852615
$15.00

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