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Reading between the lines : using text analysis to estimate the loss function of the ECB
Paloviita, Maritta; Haavio, Markus; Jalasjoki, Pirkka; … - 2020
We measure the tone (sentiment) of the ECB's Governing Council regarding economic outlook at the time of each monetary policy meeting and use this information together with the Eurosystem/ECB staff macroeconomic projections to directly estimate the Governing Council's loss function. Our results...
Persistent link: https://www.econbiz.de/10012239727
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Evolving voluntary rules for the operation of the European Central Bank
Mayes, David G. - 1998
Persistent link: https://www.econbiz.de/10000657438
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Evaluating the stresses from ECB monetary policy in the Euro area
Lee, Jim; Crowley, Patrick M. - 2009
Persistent link: https://www.econbiz.de/10003821617
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Why the marginal MRO rate exceeds the ECB policy rate?
Välimäki, Tuomas (contributor) - 2006
Persistent link: https://www.econbiz.de/10003374936
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Central bank liquidity auction mechanism design and the interbank market
Ollikka, Kimmo; Tukiainen, Janne - 2013
Persistent link: https://www.econbiz.de/10010125938
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The ECB's New Multi-Country Model for the euro area : NMCM ; simulated with rational expectations
Dieppe, Alistair; González Pandiella, Alberto; … - In: Economic modelling 29 (2012) 6, pp. 2597-2614
Persistent link: https://www.econbiz.de/10009673645
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A two-pillar DSGE monetary policy model for the euro area
Barthélemy, Jean; Clerc, Laurent; Marx, Magali - In: Economic modelling 28 (2011) 3, pp. 1303-1316
Persistent link: https://www.econbiz.de/10009272169
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The role of macroeconomic projections within the monetary policy strategy of the ECB
Issing, O. - In: Economic modelling 21 (2004) 5, pp. 723-734
Persistent link: https://www.econbiz.de/10002137222
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Voting on monetary policy in the Council of the European Central Bank
Monticelli, Carlo - In: Economic modelling 20 (2003) 5, pp. 1015-1051
Persistent link: https://www.econbiz.de/10001781889
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Evolving voluntary rules for the operation of the European Central Bank
Mayes, David G. - 1998
Persistent link: https://www.econbiz.de/10000982989