Daly, Hounaida; Smida, Mounir - Volkswirtschaftliche Fakultät, … - 2014
using al cointegration tests in the case of Euro Area. This paper examines the causal relationship between output gap …, in Euro Area from 1999Q1 to 2013Q4. The evidence supports the idea that the monetary policy is more stabilizing in its … financing. The result does not let hear strong political coordination in Euro Area, a weak policy stance in one policy area …