Haan, Jakob de; Eijffinger, Sylvester C. W. - 2005 - [Nachdr.]
, focusing on business cycle synchronization, inflation differentials, and differences in monetary policy transmission in light … economic size only to the United States. The euro zone's monetary policy is now set by the European Central Bank (ECB) and its … Governing Council rather than by individual national central banks. This CESifo volume examines issues that have arisen in the …