Arbeitspapier
The monetary transmission mechanism at the euro-area level: issues and results using structural macroeconomic models
This paper addresses some of the issues faced by macroeconomic model builders in analysing the monetary transmission mechanism. These include the sensitivity of the policy simulation results to changes in the monetary and fiscal policy rule and the introduction of forward-looking behaviour in the model. To illustrate the importance of these issues the paper reports the results of variant monetary policy simulations at the euro-area level using the AWM and NiGEM models
- Sprache
-
Englisch
- Erschienen in
-
Series: ECB Working Paper ; No. 93
- Klassifikation
-
Wirtschaft
Econometric Modeling: General
Model Evaluation, Validation, and Selection
- Thema
-
euro area
macro models
monetary transmission mechanism
- Ereignis
-
Geistige Schöpfung
- (wer)
-
McAdam, Peter
Morgan, Julian
- Ereignis
-
Veröffentlichung
- (wer)
-
European Central Bank (ECB)
- (wo)
-
Frankfurt a. M.
- (wann)
-
2001
- 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
- McAdam, Peter
- Morgan, Julian
- European Central Bank (ECB)
Entstanden
- 2001
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