Robust monetary policy with the cost channel /
Recent research argues that model uncertainty leads the central bank to adjust interest rates stronger to exogenous disturbances than under certainty. This paper investigates whether the introduction of a cost channel of monetary transmission, whose presence is empirically supported, changes the imp...
| Κύριος συγγραφέας: | Tillmann, Peter. |
|---|---|
| Corporate συγγραφέας: | European Commission : Directorate-General for Economic and Financial Affairs. |
| Μορφή: | Βιβλίο |
| Γλώσσα: | English |
| Στοιχεία έκδοσης: |
Brussels- Belgium:
European Comission: Directorate-General for Economic and Financial Affairs,
2007.
|
| Σειρά: |
European Economy. Economic papers ;
278. |
| Διαθέσιμο Online: |
http://ec.europa.eu/economy_finance/publications/publication_summary10325_en.htm |
| Ετικέτες: |
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