Jerger, Jürgen; Röhe, Oke - 2012
behavior for France, Italy, and Spain, while monetary policy in Germany seems to be stable over time. -- DSGE ; EMU ; monetary … properties of each single parameter in a DSGE model separately. In the case of France, Germany, and Italy our results point to … structural breaks after the beginning of the second stage of EMU in the mid-nineties, while the estimates for Spain show a …