Will a common European monetary policy have asymmetric effects?

Luigi Guiso, Anil Kashyap, Fabio Panetta and Daniele Terlizzese

Economic Perspectives, 1999, vol. 23, issue Q IV, 56-75

Abstract: This article reviews the evidence on differences in the transmission of monetary policy across European countries. The authors argue that the existing evidence, based almost exclusively on macroeconomic data, does not allow one to decide whether a common monetary policy will have asymmetric effects. A first peek at microeconomic data suggests this may be a promising route for further work.

Keywords: Euro; Euro-dollar market; European Monetary System (Organization); Monetary policy; European Union (search for similar items in EconPapers)
Date: 1999
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Related works:
Working Paper: Will a Common European Monetary Policy Have Asymmetric Effects? (2000)
Working Paper: Will a Common European Monetary Policy Have Asymmetric Effects? (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedhep:y:1999:i:qiv:p:56-75:n:v.23no.4

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