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Describing the Fed's conduct with Taylor rules : is interest rate smoothing important?

Castelnuovo, Efrem - 2003

Persistent link: https://www.econbiz.de/10013434567

Economic policy uncertainty and unemployment in the United States : a nonlinear approach

Caggiano, Giovanni; Castelnuovo, Efrem; Figueres, Juan … - 2017

Persistent link: https://www.econbiz.de/10011698862

Economic policy uncertainty and unemployment in the United States : a nonlinear approach

Caggiano, Giovanni; Castelnuovo, Efrem; Figueres, Juan … - 2018

We model U.S. post-WWII monthly data with a Smooth Transition VAR model and study the effects of an unanticipated increase in economic policy uncertainty on unemployment in recessions and expansions. We find the response of unemployment to be statistically and economically larger in recessions....

Persistent link: https://www.econbiz.de/10011864417

Too many cooks? : committees in monetary policy

Berger, Helge (contributor); Nitsch, Volker (contributor) - 2008

. -- central bank design ; monetary policy committee ; central bank board ; central bank council ; governance ; inflation …

Persistent link: https://www.econbiz.de/10003767748

Central bank boards around the world : why does membership size differ?

Berger, Helge; Nitsch, Volker; Lybek, Tonny - 2006

Persistent link: https://www.econbiz.de/10003415788

How should large and small countries be represented in a currency union?

Berger, Helge; Müller, Till - 2004

representation in a federal central bank addressing this question. Optimal voting weights reflect two opposing forces: the wish to … Bundesbank and not always optimal. -- Central Bank ; Federal Central Bank ; currency union ; optimal representation ; voting …

Persistent link: https://www.econbiz.de/10009303502

One country, one vote? : labor market structure and voting rights in the ECB

Berger, Helge; Hefeker, Carsten - 2004

distribution in the European Central Bank (ECB) council. We show that, in a model where labor unions internalize the inflationary … ; European Central Bank ; euro area ; ECB reform ; EMU enlargement ; accession countries …

Persistent link: https://www.econbiz.de/10009303509

Optimal central bank conservatism and monopoly trade unions

Berger, Helge; Hefeker, Carsten; Schöb, Ronnie - 2001

welfare gain associated with making the central bank less conservative than society, however if the outside option is in real … of central bank conservatism. …

Persistent link: https://www.econbiz.de/10011397779

Restructuring the ECB

Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003

size and voting power. One way to implement this principle is a rotation scheme for national central bank governors that …

Persistent link: https://www.econbiz.de/10011511101

One country, one vote? : labor market structure and voting rights in the ECB

Berger, Helge; Hefeker, Carsten - 2004

distribution in the European Central Bank (ECB) council. We show that, in a model where labor unions internalize the inflationary …

Persistent link: https://www.econbiz.de/10011402520