Horváth, Roman; Rusnák, Marek - 2008
euro area is justifiable
on these grounds. On the other hand, it is questionable whether the timing of ECB monetary … appreciates. Notably, we find hump-shaped
reaction of the Slovak price level to the euro area monetary policy shock. The ECB … Peersman, G. (2001) A VAR Description of the Effects of Monetary Policy in
Individual Countries of the Euro Area, ECB Working …