What can the diamond-mortensen-pissarides model tell us about the conduct of monetary policy in the euro area?

Kai Christoffel

Research Bulletin, 2011, vol. 12, 7-11

Abstract: Diamond, Mortensen and Pissarides (DMP) were recently awarded the Nobel Prize in Economic Sciences for their work on the modelling of various labour market rigidities. This article draws on recent research conducted at the ECB that adapts the DMP approach to euro area labour markets, in order to analyse their implications for the conduct of monetary policy. JEL Classification: E5

Keywords: diamond-mortensen-pissarides model; monetary policy (search for similar items in EconPapers)
Date: 2011-03
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.ecb.europa.eu/pub/pdf/other/researchbulletin12en.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbrbu:2011:0012:2

Access Statistics for this article

More articles in Research Bulletin from European Central Bank 60640 Frankfurt am Main, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Official Publications ().