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Measuring monetary policy with residual sign restrictions at known shock dates
Badinger, Harald; Schiman, Stefan - 2020
market rate, the narrow money stock, commodity prices, consumer prices and the Euro-Dollar exchange rate, and that real …-priori restrictions. Our empirical analysis for the euro area reveals that interest rate decisions of the ECB surprised financial markets …
Persistent link: https://www.econbiz.de/10012288003
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What do central bankers do? : evidence from the European Central Bank's Executive Board
Badinger, Harald; Nitsch, Volker - 2019
This paper examines how managers at the top of a public institution, central bank executives, allocate their working time. Using detailed information from personal diaries of the six members of the European Central Bank's Executive Board over a period of two years, we codify and analyze more...
Persistent link: https://www.econbiz.de/10011962284