Gorter, Janko; Stolwijk, Fauve; Jacobs, Jan; Haan, Jakob de - de Nederlandsche Bank - 2010
the period 1998.6-2010.8. We first examine whether the recent financial crisis has affected ECB policies. Our results … indicate that the ECB puts stronger emphasis on maintaining price stability than earlier point estimates suggested. Next, we … analyse whether economic developments in individual euro area countries affect ECB decisions. Despite the diverging economic …