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~isPartOf:"ECB Working Paper"
~person:"Altavilla, Carlo"
~person:"von Thadden, Leopold"
~subject:"Geldpolitik"
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MEDEA: a DSGE model for the Sp...
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Geldpolitik
Dynamisches Gleichgewicht
4
EU-Staaten
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monetary policy
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Arbeitslosigkeit
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Regelbindung versus Diskretion
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Altavilla, Carlo
von Thadden, Leopold
Benati, Luca
8
Darracq Pariès, Matthieu
7
Jacquinot, Pascal
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Smets, Frank
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Christoffel, Kai Philipp
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Coenen, Günter
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Dieppe, Alistair
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Gomes, Sandra
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Motto, Roberto
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Rostagno, Massimo
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Straub, Roland
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Adjemian, Stéphane
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Christiano, Lawrence
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Christiano, Lawrence J.
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Kara, Engin
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Leith, Campbell
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Lombardo, Giovanni
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Moyen, Stéphane
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Pisani, Massimiliano
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Surico, Paolo
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Warne, Anders
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Adjemian, Stephane
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Baumeister, Christiane
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Bussière, Matthieu
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Dixon, Huw
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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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2
The effects of monetary policy on unemployment dynamics under model uncertainty: evidence from the US and the euro area
Altavilla, Carlo
;
Ciccarelli, Matteo
-
2009
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/10011605135
Saved in:
3
Interest Rate Effects of Demographic Changes in a New-Keynesian Life-Cycle Framework
Kara, Engin
-
2010
This paper develops a small-scale DSGE model which embeds a demographic structure within a monetary policy framework. We extend the tractable, though non-monetary overlapping-generations model of Gertler (1999) and present a small synthesis model which combines the set-up of Gertler with a...
Persistent link: https://www.econbiz.de/10013135617
Saved in:
4
Monetary and Fiscal Policy Interactions in a New Keynesian Model with Capital Accumulation and Non-Ricardian Consumers
Leith, Campbell
;
von Thadden, Leopold
-
2021
This paper develops a small New Keynesian model with capital accumulation and government debt dynamics. The paper discusses the design of simple monetary and fiscal policy rules consistent with determinate equilibrium dynamics in the absence of Ricardian equivalence. Under this assumption,...
Persistent link: https://www.econbiz.de/10013317567
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5
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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6
Monetary and fiscal policy interactions in a New Keynesian model with capital accumulation and non-Ricardian consumers
Leith, Campbell
;
von Thadden, Leopold
-
2006
This paper develops a small New Keynesian model with capital accumulation and government debt dynamics. The paper discusses the design of simple monetary and fiscal policy rules consistent with determinate equilibrium dynamics in the absence of Ricardian equivalence. Under this assumption,...
Persistent link: https://www.econbiz.de/10011604695
Saved in:
7
Interest rate effects of demographic changes in a New-Keynesian life-cycle framework
Kara, Engin
;
von Thadden, Leopold
-
2010
This paper develops a small-scale DSGE model which embeds a demographic structure within a monetary policy framework. We extend the tractable, though non-monetary overlapping-generations model of Gertler (1999) and present a small synthesis model which combines the set-up of Gertler with a...
Persistent link: https://www.econbiz.de/10011605319
Saved in:
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