Coenen, Gunter; Wieland, Volker - Society for Computational Economics - SCE - 2000
With the formation of European Monetary Union (EMU) in 1999, the eleven countries that adopted the Euro began to … model of the Euro area, which may serve as a laboratory for evaluating the performance of alternative monetary policy … strategies for the Euro area in the vein of recent studies for the United States.In estimating this model, we start with the …