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October 22 - 28, 2018

Monetary Policy Dynamics in the Euro Area

Fève, Patrick, Matheron, Julien and Poilly, Céline (2007) Monetary Policy Dynamics in the Euro Area. Economics Letters, 96 (1). pp. 97-102.

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Official URL: http://tse-fr.eu/pub/6643

Abstract

We investigate identiÖcation issues in estimated Taylor rules. Embedding two alternative views about monetary policy, inertia versus serially correlated shocks, in a single equation, we show that using euro data, it is impossible to discriminate between these two competing representations.

Item Type: Article
Language: English
Date: July 2007
Refereed: Yes
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 18 Jan 2012 05:55
Last Modified: 07 Mar 2018 13:21
OAI ID: oai:tse-fr.eu:6643
URI: http://publications.ut-capitole.fr/id/eprint/2509

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