Monetary policy in Europe vs the US: what explains the difference?
收藏NBER2009-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14996
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资源简介：
This paper compares monetary policy in the US and EMU during the last decade, employing an estimated hybrid New Keynesian cash-in-advance model, driven by five shocks. It appears that the difference between the two monetary policies between 1998 and 2006 is due to both surprises in productivity as
提供机构：
美国国家经济研究局
创建时间：
2009-05-01
