Berger, Helge; de Haan, Jakob; Sturm, Jan-Egbert - Fachbereich Wirtschaftswissenschaft, Freie Universität … - 2006
We examine the role of money in the policies of the ECB, using introductory statements of the ECB President at the monthly press conferences during 1999-2004. Over time, the relative amount of words devoted to the monetary analysis has decreased. Our analysis of indicators of the monetary policy...