Albulescu, Claudiu Tiberiu - In: Journal for Economic Forecasting (2013) 1, pp. 62-81
part, based on Filardo’s approach, we construct a reduced-form model for the Euro Area, addressing the need to include the … financial stability objective into the ECB monetary policy decisions. The purpose of the paper is to see whether the ECB … results show that, since the ECB setup until nowadays, the monetary policy decisions were influenced by the financial …