Arbeitspapier
Convergence of Monetary Transmission in EMU New Evidence
This paper examines how the pass-through of monetary policy measures in 6 EMU countries has evolved over time and whether there is convergence in monetary transmission. The countries included are: Belgium, France, Germany, Italy, the Netherlands and Spain, and the sample period is 1980-2000. We conclude that major differences in pass-through exist in our sample, both in terms of initial as well as long-run responses to policy-induced interest rate changes. There is no indication for convergence of monetary policy transmission.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 465
- Klassifikation
-
Wirtschaft
- Thema
-
Monetary transmission
pass-through
interest rate stickiness
EMU
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Toolsema, Linda A.
Sturm, Jan-Egbert
de Haan, Jakob
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2001
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 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
- Toolsema, Linda A.
- Sturm, Jan-Egbert
- de Haan, Jakob
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2001
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