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Forecasting ECB monetary policy: accuracy is (still) a matter of geography
Berger, Helge; Ehrmann, Michael; Fratzscher, Marcel - 2006
Monetary policy in the euro area is conducted within a multi-country, multi-cultural, and multi-lingual context involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand and to anticipate monetary policy by the ECB? Using a...
Persistent link: https://www.econbiz.de/10010299102
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Forecasting ECB monetary policy : accuracy is (still) a matter of geography
Berger, Helge (contributor); Ehrmann, Michael (contributor);  … - 2006
Monetary policy in the euro area is conducted within a multi-country, multi-cultural, and multi-lingual context involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand and to anticipate monetary policy by the ECB? Using a...
Persistent link: https://www.econbiz.de/10003370562
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Forecasting ECB Monetary Policy : Accuracy is (Still) a Matter of Geography
Ehrmann, Michael; Fratzscher, Marcel; Berger, Helge - 2021
Monetary policy in the euro area is conducted within a multi-country, multicultural, and multi-lingual context involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand and to anticipate monetary policy by the ECB? Using a...
Persistent link: https://www.econbiz.de/10013318108
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Too many cooks? : committees in monetary policy
Berger, Helge (contributor); Nitsch, Volker (contributor) - 2008
-shaped relation between the membership size of MPCs and inflation; our results suggest that the lowest level of inflation is reached … at MPCs with about seven to ten members. Similar results are obtained for other measures, such as inflation variability …. -- Central bank design ; monetary policy committee ; central bank board ; central bank council ; governance ; inflation. …
Persistent link: https://www.econbiz.de/10003726105
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Too many cooks? : committees in monetary policy
Berger, Helge (contributor); Nitsch, Volker (contributor) - 2008
-shaped relation between the membership size of MPCs and inflation; our results suggest that the lowest level of inflation is reached … at MPCs with about seven to ten members. Similar results are obtained for other measures, such as inflation variability …. -- central bank design ; monetary policy committee ; central bank board ; central bank council ; governance ; inflation …
Persistent link: https://www.econbiz.de/10003767748
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Too Many Cooks? Committees in Monetary Policy
Berger, Helge - 2013
-shaped relation between the membership size of MPCs and inflation; our results suggest that the lowest level of inflation is reached … at MPCs with about seven to ten members. Similar results are obtained for other measures, such as inflation variability …
Persistent link: https://www.econbiz.de/10012753618
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Too Many Cooks? Committees in Monetary Policy
Berger, Helge; Nitsch, Volker - 2008
-shaped relation between the membership size of MPCs and inflation; our results suggest that the lowest level of inflation is reached … at MPCs with about seven to ten members. Similar results are obtained for other measures, such as inflation variability …
Persistent link: https://www.econbiz.de/10014218723
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Too many cooks?: committees in monetary policy
Berger, Helge; Nitsch, Volker - 2008
-shaped relation between the membership size of MPCs and inflation; our results suggest that the lowest level of inflation is reached … at MPCs with about seven to ten members. Similar results are obtained for other measures, such as inflation variability …
Persistent link: https://www.econbiz.de/10010264342
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Too many cooks? Committees in monetary policy
Berger, Helge; Nitsch, Volker - 2008
-shaped relation between the membership size of MPCs and inflation; our results suggest that the lowest level of inflation is reached … at MPCs with about seven to ten members. Similar results are obtained for other measures, such as inflation variability …
Persistent link: https://www.econbiz.de/10010277737
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How to Reduce Inflation : An Independent Central Bank or a Currency Board? The Experience of the Baltic Countries
de Haan, Jakob; Berger, Helge; van Fraassen, Erik - 2011
Countries in transition often face high levels of inflation. This paper discusses two ways to reduce inflation: the …
Persistent link: https://www.econbiz.de/10014130902