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The single monetary policy and domestic macro-fundamentals : evidence from Spain

Arghyrou, Michael Georgiou (contributor); … - 2008

the ECB since 1999 with Spanish macrofundamentals. We find that in the 1990s Spain implemented successfully a monetary … sub-optimal monetary policy. Spain's experience suggests a cautious approach with regards to the timing of further EMU … enlargement. -- Spain ; ECB ; monetary policy ; domestic fundamentals ; compatibility …

Persistent link: https://www.econbiz.de/10003766104

The macroeconomic consequences of EMU : international evidence from a DSGE model

Jerger, Jürgen - 2009

policy did not change in Germany, unlike in France and Spain. Specifically, the impact of inflation on interest rates …

Persistent link: https://www.econbiz.de/10003890348

The macroeconomic consequences of EMU : international evidence from a DSGE model

Jerger, Jürgen; Röhe, Oke - 2009

Persistent link: https://www.econbiz.de/10003908266

The effectiveness of the ECB’s asset purchase programs of 2009 to 2012

Gibson, Heather D.; Hall, Stephen G.; Tavlas, George S. - 2015

Persistent link: https://www.econbiz.de/10011391712

Central banks, macroprudential policy and the Spanish experience

Alberola, Enrique; Trucharte, Carlos; Vega Croissier, … - In: The great recession : lessons for central bankers ; …, (pp. 99-121). 2013

Persistent link: https://www.econbiz.de/10009729163

Rethinking potential output : embedding information about the financial cycle

Borio, Claudio E. V.; Disyatat, Piti; Juselius, Mikael - 2013

This paper argues that incorporating information about the financial cycle is important to improve measures of potential output and output gaps. Conceptually, identifying potential output with non-inflationary output is too restrictive. Potential output is seen as sustainable; yet experience...

Persistent link: https://www.econbiz.de/10009735518