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This paper studies the effect of a monetary policy shock in the euro area on the main Estonian economic and financial … effects on Estonian GDP, private consumption, corporate investment, and imports. A monetary policy shock also has strong and …
Persistent link: https://www.econbiz.de/10011246181
This paper studies the effect of a monetary policy shock in the euro area on the main Estonian economic and financial … effects on Estonian GDP, private consumption, corporate investment and imports. A monetary policy shock has also strong and … policy shocks in Estonia. …
Persistent link: https://www.econbiz.de/10010721192
der Eurozone trotz der massiven Herabsetzung der Leitzinsen nahezu kaum gesunken sind. Ziel des OMT-Programms ist es …
Persistent link: https://www.econbiz.de/10010877457
The creation of EMU raises the question whether the common monetary policy has the same impact in all member countries. We analyse the convergence of interest rates in four major EMU countries from 1999 to 2007. We suggest to test the convergence of the interest rates with the full term...
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