Similar Search Results

Swiss Monetary Policy 2000-2009

Genberg, Hans; Gerlach, Stefan - In: Swiss Journal of Economics and Statistics (SJES) 146 (2010) I, pp. 131-165

objective defined as (any rate of) CPI inflation below 2 percent. We contrast this framework with inflation targeting strategies … reacts in much the same way as inflation targeting central banks. The recent sharp reduction in the policy rate is consistent …

Persistent link: https://www.econbiz.de/10008489435

Swiss Monetary Policy, 2000-2009

Genberg, Hans; Gerlach, Stefan - C.E.P.R. Discussion Papers - 2010

Persistent link: https://www.econbiz.de/10008468642

Swiss Monetary Policy 2000-2009

Genberg, Hans; Gerlach, Stefan - In: Swiss Journal of Economics and Statistics 146 (2010) 1, pp. 131-165

Persistent link: https://www.econbiz.de/10011933216

The Zero Lower Bound, ECB Interest Rate Policy and the Financial Crisis

Gerlach, Stefan - 2011

This paper estimates a monetary policy reaction function for the ECB over the period 1999-2009. To allow for a potential shift in interest rate setting during the financial crisis, we permit a smooth transition from one set of parameters to another. The estimates show a swift change in the...

Persistent link: https://www.econbiz.de/10013119261