The real effects of monetary policy in the European Union : what are the differences? /
The main finding of this paper is that the European Union (EU) countries fall into two broad groups according to the effects of monetary policy adjustments on economic activity. Estimates based on a vector autoregression model indicate that the full effects of a contractionary monetary shock on outp...
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| Format: | Book |
| Language: | English |
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[Washington, D.C.] :
International Monetary Fund, Research Dept.,
©1997
Washington, D.C. : International Monetary Fund, 1997 |
| Series: | IMF Working Papers ;
Working Paper No. 97/160 IMF Working Papers; Working Paper ; No. 1997/160 IMF eLibrary IMF working paper ; WP/97/160 |
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