SOME EMPIRICAL EVIDENCE OF THE EURO AREA MONETARY POLICY

Antonio Forte

Theoretical and Practical Research in the Economic Fields, 2010, vol. 1, issue 1, 42-58

Abstract: In this paper I try to find some empirical evidence of the European Central Bank’s behaviour from its outset, January 1999, to the mid 2007, using a Taylor-type rule. I test a new and simple method for estimating the output gap in order to avoid problems linked with the estimate of the potential output. Moreover, I analyse the significance of some explanatory variables in order to understand what the basis of the E.C.B. monetary policy decisions are. Finally, I find an important evidence of the role of the Euro-Dollar nominal exchange rate in the conduct of the Euro Area monetary policy.

Date: 2010
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Some empirical evidence of the euro area monetary policy (2010)
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:srs:jtpref:v:1:y:2010:i:1:p:42-58

Access Statistics for this article

Theoretical and Practical Research in the Economic Fields is currently edited by Laura UNGUREANU

More articles in Theoretical and Practical Research in the Economic Fields from ASERS Publishing
Bibliographic data for series maintained by Claudiu Popirlan ( this e-mail address is bad, please contact ).