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Reform of the European Union's Common Agricultural Policy : how to reach GATT-compatibility?

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Uncovering the heterogeneous effects of ECB unconventional monetary policies across euro area countries

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The effect of public debt on growth and welfare under the golden rule of public finance

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Euro area structural reforms in times of a global crisis

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The effectiveness of forward guidance in an estimated DSGE model for the Euro area : the role of expectations

Cardani, Roberta; Paccagnini, Alessia; Bekiros, Stelios - 2016

We assess the effectiveness of the forward guidance undertaken by European Central Bank using a standard medium-scale DSGE model à la Smets and Wouters (2007). Exploiting data on expectations from surveys, we show that incorporating expectations should be crucial in performance evaluation of...

Persistent link: https://www.econbiz.de/10011583778