do not find convincing evidence that country-specific economic developments influence the decisions of the ECB Governing …

and to anticipate monetary policy by the ECB? Using a database of surveys of professional ECB policy forecasters in 24 …

Monetary Union (EMU) member countries. Notable differences emerge across the countries. Taking a euro area perspective, we also … show that it depends upon the underlying country weighting scheme in the monetary decision process of the ECB whether or … not there has been a synchronisation of business and inflation cycles among the EMU member countries over the years …

EuropeanMonetary Union (EMU) member countries. Notable differences emerge across the countries. Taking a euro area perspective, we also … show that it depends upon the underlying country weighting scheme in the monetary decision process of the ECB whether or … not there has been a synchronisation of business and inflation cycles among the EMU member countries over the years …

decision rule of the ECB, we rank different rules according to their ability to aggregate the national counterfactual paths to …

Papers estimating the reaction function of the Bundesbank generally find that its monetary policy from the 1970s to … deviations of inflation from target, but not to monetary growth. This result is at odds with the Bundesbank's claim that it … explanatory variables. Accordingly, we compile a real-time data set for Germany including the Bundesbank?s own estimates of …

? Second, how compatible is the current ECB monetary policy with Greek economic conditions? We find that Greek monetary policy … in the 1990s was: (i) primarily determined by foreign (German/ECB) interest rates though still influenced, to some degree …-growing EMU economies. …