Gerdesmeier, Dieter; Roffia, Barbara - In: Swiss Journal of Economics and Statistics (SJES) 140 (2004) I, pp. 37-66
This study contains a set of estimates of reaction functions for the euro area based on a monthly data set starting in 1985. The main aim is to assess the performance of Taylor rules and to evaluate whether alternative specifications based, inter alia, on the inclusion of additional variables...