Will a common European monetary policy have asymmetric effects?

This article reviews the evidence on differences in the transmission of monetary policy across European countries. The authors argue that the existing evidence, based almost exclusively on macroeconomic data, does not allow one to decide whether a common monetary policy will have asymmetric effects. A first peek at microeconomic data suggests this may be a promising route for further work.

MoreLess

Year of publication:	1999
Authors:	Guiso, Luigi ; Kashyap, Anil K. ; Panetta, Fabio ; Terlizze, Daniele
Published in:	Economic Perspectives. - Federal Reserve Bank of Chicago. - 1999, Q IV, v. 23, no. 4, p. 56-75
Publisher:	Federal Reserve Bank of Chicago
Subject:	Euro \| Euro-dollar market \| European Monetary System (Organization) \| Monetary policy \| European Union

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005373201