Küster, Keith; Wieland, Volker - Center for Financial Studies - 2005
In this paper, we examine the cost of insurance against model uncertainty for the Euro area considering four … alternative reference models, all of which are used for policy-analysis at the ECB.We find that maximal insurance across this … in Models of the Euro Area” by R. Adalid, G. Coenen, P. McAdam and S. Siviero at the ECB
Conference on ‘Monetary policy …