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The effects of monetary policy on unemployment dynamics under model uncertainty : evidence from the US and the euro area ( by Carlo Altavilla and Matteo Ciccarelli
Altavilla, Carlo; Ciccarelli, Matteo - 2009
This paper explores the role that the imperfect knowledge of the structure of the economy plays in the uncertainty … the policymaker faces when setting the monetary policy and evaluating its effect on real economy. We find evidence of a …
Persistent link: https://www.econbiz.de/10003963762
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The effectiveness of non-standard monetary policy measures : evidence from survey data
Altavilla, Carlo; Giannone, Domenico - 2016
Persistent link: https://www.econbiz.de/10011619386
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US imbalances : the role of technology and policy
Bems, Rudolfs (contributor); Dedola, Luca (contributor);  … - 2007
This paper investigates the role of three likely factors in driving the steady deterioration of the US external balance: US technology developments, changes in the US government fiscal position and the Fed’s monetary policy. Estimating several Vector Autoregressions on US data over the period...
Persistent link: https://www.econbiz.de/10003410610