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There have been important advances in monetary economics and macroeconomics recently. In macroeconomics there has been the paramount development of the New Consensus Macroeconomics along with significant policy implications, thereby giving rise to the notion of New Monetary Policy. This book...
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Main description: This volume contains the contributions of a conference dealing with the consequences of the European Monetary Union for the macroeconometric modelling of the Euro area, which took place in Essen in 2000. At the end of the conference the participants were convinced that the...
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The two themes of the three studies comprising this dissertation are the transmission of macroeconomic shocks to the … real economy and the identification of loan supply in the context of these shocks. In the first part, we study the … loans. In second part, we study the role of loan supply shocks in the transmission of large uncertainty spikes to real …
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