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Monetary transmission mechanism in Central & Eastern Europe : gliding on a wind of change

Coricelli, Fabrizio (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003402689

Monetary transmission in Central and Eastern Europe : gliding on a wind of change

Coricelli, Fabrizio; Égert, Balázs; MacDonald, Ronald - In: Focus on European economic integration (2006) 1, pp. 44-87

Persistent link: https://www.econbiz.de/10003361910

Real exchange rates and real interest rates : a nonlinear perspective

Bec, Frédérique; BenSalem, Mélika; MacDonald, Ronald - In: Recherches économiques de Louvain 72 (2006) 2, pp. 177-194

Persistent link: https://www.econbiz.de/10003362541

Transmission mechanism in transition economies : surveying the surveyable

Égert, Balázs (contributor); MacDonald, Ronald (contributor) - 2006

Persistent link: https://www.econbiz.de/10003364289

Catching-up, inflation differentials and credit booms in a heterogeneous monetary union : some implications for EMU and new EU member states

MacDonald, Ronald (contributor); Wójcik, Cezary (contributor) - 2006

Persistent link: https://www.econbiz.de/10003364558

Catching-up, inflation differentials and credit booms in a heterogeneous monetary union : some implications for EMU and new EU member states

MacDonald, Ronald; Wójcik, Cezary - 2006

In this paper we propose an alternative explanation for the nature, sources and consequences of inflation rate differentials in a monetary union, such as EMU. To achieve this, we build on the new neoclassical synthesis (NNS) framework, recently advanced by Goodfriend (2002) and Goodfriend and...