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Title: MONETARY POLICY TRANSMISSION IN THE EURO AREA
A STUDY BY THE EUROSYSTEM MONETARY TRANSMISSION NETWORK
By: Ignazio Angeloni (Editor), Anil K. Kashyap (Editor), Benoit Mojon (Editor)
Format: Paperback

List price: £37.99
Our price: £34.19
Discount:
10% off
You save: £3.80
ISBN 10: 1107403804
ISBN 13: 9781107403802
Availability: Usually dispatched within 1-3 weeks.
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 8 September, 2011
Pages: 514
Description: A systematic analysis of the impact of European Central Bank monetary policy on Eurozone national economies, first published in 2003.
Synopsis: Proper conduct of monetary policy requires understanding the monetary transmission mechanism, to monitor the economy, make decisions on the stance of policy, and explain the policy actions to the public. Hence, gathering evidence on the monetary transmission mechanism in the euro area has been a priority for the Eurosystem. This 2003 book presents the results of a multi-year collaborative project conducted by the European Central Bank and the other Eurosystem central banks. First, macro data are consistently investigated with both VARs and structural models for the area as a whole and for individual countries. Second, the book contains an unprecedented set of studies on the effects of monetary policy using bank and firm panel data. The results described in country case studies and overview essays by central bank economists, along with a discussion chapter by eminent academics, provide an essential contribution to research on the subject.
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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