in steering euro area money market rates using two measures: first, the predictability of money market rates on the basis …

functioning. We consider several metrics of activity in both secured and unsecured euro area money markets, and study interactions …

model. We estimate the model using Bayesian techniques for German data from the late 1970s to present. Given the pre-euro …

In this paper, we explore the role of labor markets for monetary policy in the euro area in a New Keynesian model in … into monitoring euro area wage dynamics and which appears to treat some of the other labor market information as less … important for monetary policy. -- Labor Market ; wage rigidity ; bargaining ; Bayesian estimation …