Behind closed doors: Revealing the ECB’s Decision Rule
This paper aims at discovering the decision rule the Governing Council of the ECB uses to set interest rates. We construct a Taylor rule for each member of the council and for the euro area as a whole, and aggregate the interest rates they produce using several classes of decision-making mechanisms:...
Furkejuvvon:
Publikašuvnnas: | MAGKS - Joint Discussion Paper Series in Economics (Band 35-2011) |
---|---|
Váldodahkkit: | , |
Materiálatiipa: | Arbeit |
Giella: | eaŋgalasgiella |
Almmustuhtton: |
Philipps-Universität Marburg
2011
|
Fáttát: | |
Liŋkkat: | PDF-ollesdeaksta |
Fáddágilkorat: |
Lasit fáddágilkoriid
Eai fáddágilkorat, Lasit vuosttaš fáddágilkora!
|
MAGKS - Joint Discussion Paper Series in Economics