Penot, Alexis; Levieuge, Grégory - In: Journal of Financial Economic Policy 1 (2009) May, pp. 319-337
Purpose – The purpose of this paper is to try to understand the reasons for the differences in amplitude of monetary policy (MP) rate cycles in the USA and the euro area. Among the different candidates, the paper aims to test the role of economic structures, macroeconomic shocks, and MP...
