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Rule-of-thumb consumers meet sticky wages

Colciago, Andrea - In: Journal of money, credit and banking : JMCB 43 (2011) 2/3, pp. 325-353

Persistent link: https://www.econbiz.de/10009237969

Real-time Data for Norway: Challenges for Monetary Policy

Bernhardsen, Tom; Eitrheim, Øyvind; Jore, Anne Sofie; … - 2004

National accounts data are always revised. Not only recent data, but also figures dating many years back can be revised substantially. This means that there is a danger that an important part of the central bank's information set is flawed for a long period of time. In this paper we present a...

Persistent link: https://www.econbiz.de/10010295653

Asset Prices in Taylor Rules: Specification, Estimation, and Policy Implications for the ECB

Siklos, Pierre L.; Werner, Thomas; Bohl, Martin T. - 2004

This paper estimates standard and extended Taylor rules for core countries in the euro area, namely France, Germany and Italy, as well as for the ECB. Forward, backward and forecast-based rules are estimated for a variety of samples since the late 1970s. We are particularly interested in the...

Persistent link: https://www.econbiz.de/10010295649

Imperfect Competition, Monetary Policy and Welfare in a Currency Area

Lombardo, Giovanni - 2002

auf die Wohlfahrt und die optimale Geldpolitik. Betrachtet werden zwei Möglichkeiten, wie die Wettbewerbsintensität am … die Geldpolitik effektiver sein, wenn die Länder größere Asymmetrien aufweisen. Diese Ergebnisse legen es nahe, dass die … intensiver ist. Die optimale Geldpolitik der Zentralbank der Währungsunion wird ermittelt und mit einer einfachen Taylor …

Persistent link: https://www.econbiz.de/10010295738