Abstract:
We survey the existing work on the cross-country differences in the transmission of European monetary policy. We find that prior work, focusing on macroeconomic data, does not clearly answer the question posed in the title and offer some explanations for the ambiguity.
More papers in Working Papers from Banca Italia - Servizio di Studi Address: Banca d'Italia-Servizio Studi-Divisione Biblioteca e Pubblicazioni - Via N azionale, 91 -00184 Rome, Italy. Contact information at EDIRC. Series data maintained by Thomas Krichel ().
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