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Presented at the Stanford Institute for Economic Policy Research’s (SIEPR) Associates Meeting, Stanford, CA, February 12, 2013
Persistent link: https://www.econbiz.de/10010727125
Presented at the Stanford Institute for Economic Policy Research’s (SIEPR) Associates Meeting, Stanford, CA, February 12, 2013
Persistent link: https://www.econbiz.de/10010633059
his paper reviews the literature on asymmetric monetary transmission within the European Monetary Union (EMU). At first, a stylized model is presented in order to highlight the importance of asymmetric monetary transmission for the decision-making of the European Central Bank (ECB). The...
Persistent link: https://www.econbiz.de/10008634430