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~accessRights:"free"
~isPartOf:"ECB Working Paper"
~person:"Altavilla, Carlo"
~person:"Ciccarelli, Matteo"
~source:"econis"
~subject:"Geldpolitik"
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MEDEA: a DSGE model for the Sp...
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Altavilla, Carlo
Ciccarelli, Matteo
Benati, Luca
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The Effects of Monetary Policy on Unemployment Dynamics Under Model Uncertainty : Evidence from the US and the Euro Area
Altavilla, Carlo
;
Ciccarelli, Matteo
-
2021
This paper explores the role that the imperfect knowledge of the structure of the economy plays in the uncertainty surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian model averaging procedure on a wide range of models...
Persistent link: https://www.econbiz.de/10013316324
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The Financial and Macroeconomic Effects of OMT Announcements
Altavilla, Carlo
-
2014
France, Germany, Italy, and
Spain
. The scenario analysis suggests that the reduction in bond yields due to OMT announcements … is associated with a significant increase in real activity, credit, and prices in Italy and
Spain
with relatively muted …
Persistent link: https://www.econbiz.de/10013051170
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