Persistence, The Transmission Mechanism And Robust Monetary Policy
Ignazio Angeloni (),
Günter Coenen () and
Scottish Journal of Political Economy, 2003, vol. 50, issue 5, 527-549
In this paper we first explore the impact of nominal and real persistence on the transmission process of various shocks in an estimated DSGE model of the euro area. We then analyse its impact on optimal monetary policy and investigate the performance of various monetary policies when the policy maker is uncertain about the degree of nominal and real persistence. Copyright (c) Scottish Economic Society 2003.
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (50) Track citations by RSS feed
Downloads: (external link)
http://www.blackwell-synergy.com/servlet/useragent ... &year=2003&part=null link to full text (text/html)
Access to full text is restricted to subscribers.
Working Paper: Persistence, the transmission mechanism and robust monetary policy (2003)
Working Paper: Persistence, the Transmission Mechanism and Robust Monetary Policy (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:bla:scotjp:v:50:y:2003:i:5:p:527-549
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0036-9292
Access Statistics for this article
Scottish Journal of Political Economy is currently edited by Tim Barmby, Andrew Hughes-Hallett and Campbell Leith
More articles in Scottish Journal of Political Economy from Scottish Economic Society Contact information at EDIRC.
Series data maintained by Wiley-Blackwell Digital Licensing ().