The Transmission Mechanism of European Monetary Policy : Is There Heterogeneity? Is it Changing over Time?

Is There Heterogeneity? Is it Changing over Time?

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 effects of monetary policy on economic activity,... READ MORE...

Publication date: March 2002
ISBN 9781451847529
$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: March 2002

PDF

Publication date: March 2002

ePub

Publication date: March 2002

Mobi

Publication date: March 2002

English