ECB vs Bundesbank: Diverging Tones and policy Effectiveness
The present paper studies the consequences of conflicting narratives for the transmission of monetary policy shocks. We focus on conflict between the presidents of the ECB and the Bundesbank, the main protagonists of monetary policy in the euro area, who often disagreed on policy over the past two d...
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Publicado en: | MAGKS - Joint Discussion Paper Series in Economics (Band 20-2018) |
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Autores principales: | , |
Formato: | Artículo |
Lenguaje: | inglés |
Publicado: |
Philipps-Universität Marburg
2018
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Acceso en línea: | Texto Completo PDF |
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MAGKS - Joint Discussion Paper Series in Economics