Busch, Ulrike; Nautz, Dieter - 2009
monetary policy implementation, see European Central Bank (2004).
We will use this reform as a natural experiment to test for … between policy spread persistence
and monetary policy implementation. In particular, we investigate whether
the recent reform … -
cantly under the new framework. Colarossi and Zaghini (2007) nd that the
ECB’s reform even has a ected the transmission of …