Arbeitspapier
Monetary Policy in EMU when the Transmission is Asymmetric and Uncertain
In this paper we address the issue of how transmission uncertainty could affect the choice between a federal monetary policy based on national data and one on aggregated data.We find that the uncertainty about the transmission process increases the need to take into account information about national economies in the formulation of optimal monetary policies in a monetary union.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 891
- Classification
-
Wirtschaft
- Event
-
Geistige Schöpfung
- (who)
-
De Grauwe, Paul
Sénégas, Marc-Alexandre
- Event
-
Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
-
2003
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- De Grauwe, Paul
- Sénégas, Marc-Alexandre
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2003
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