Arbeitspapier
Persistence, the transmission mechanism and robust monetary policy
In this paper we first explore the impact of nominal and real persistence on the transmission process of various shocks in an estimated DSGE model of euro area. We then analyse its impact on optimal monetary policy and investigate the performance of various monetary policies when the policy maker is uncertain about the degree of nominal and real persistence.
- Sprache
-
Englisch
- Erschienen in
-
Series: ECB Working Paper ; No. 250
- Klassifikation
-
Wirtschaft
- Thema
-
euro area
monetary policy
Persistence
transmission process
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Angeloni, Ignazio
Coenen, Günter
Smets, Frank
- Ereignis
-
Veröffentlichung
- (wer)
-
European Central Bank (ECB)
- (wo)
-
Frankfurt a. M.
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Angeloni, Ignazio
- Coenen, Günter
- Smets, Frank
- European Central Bank (ECB)
Entstanden
- 2003
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