Barrell, Ray (contributor); Becker, Bettina (contributor); … - 2003 - [Elektronische Ressource]
German real wage growth and discuss how German output,
inflation, and interest rate are affected, under two distinct ECB … monetary policy rules.
We discuss the possible forward looking reactions of the ECB to these reforms and
argue that it would … be wise to respond in a fully accommodating way. The sensitivity
of the ECB to changes in European key macroeconomic …