Luís, Pacheco - Volkswirtschaftliche Fakultät, … - 2004
macroeconomics. This paper examines empirically if monetary policy in the euro-area, since 1987, has been influenced by high … prices, seems to be helpful in describing monetary policy in the euro-area in the last fifteen years. Next, in the context of … evaluate whether alternative specifications, including asset prices, can better track the interest rate setting in the euro …