This paper analyses the monetary policy interdependence between the European Central Bank (ECB) and the Federal Reserve …. In the partial VECM, we look for a long-run interdependent relationship between the interest rates of the two currency …

for central bank independence and government ideology. The results suggest that leftist governments did not decrease short …

in order to account for variations within these variables over time. We argue that measures of money and credit growth … the Fed is concerned, the impact of consumer price inflation, and money and credit growth turns negative during the crisis …

in order to account for variations within these variables over time. We argue that measures of money and credit growth … the Fed is concerned, the impact of consumer price inflation, and money and credit growth turns negative during the crisis …

This paper analyses the monetary policy interdependence between the European Central Bank (ECB) and the Federal Reserve …. In the partial VECM, we look for a long-run interdependent relationship between the interest rates of the two currency …. -- Monetary policy ; interdependence ; European Central Bank ; Federal Reserve ; Taylor rule ; VECM …

for central bank independence and government ideology. The results suggest that leftist governments did not decrease short … politics ; central bank independence ; panel data …

"true" forecasts of real time data for several periods are employed. -- European Central Bank ; monetary policy ; real time …