Showing 1 - 10 of 465
This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to talk up the euro have not …
Persistent link: https://www.econbiz.de/10011507830
Persistent link: https://www.econbiz.de/10011576998
balances, the common monetary policy may not be optimal for all of them. Euro area imbalances for potential output and for …
Persistent link: https://www.econbiz.de/10011587915
Overall, the ECB managed monetary policy quite satisfactory in the first phase of EMU. Nevertheless, this paper asks whether monetary policy could not have been improved. In the last three years, Euroland was confronted with the first external shock. Oil prices increased considerably, leading to...
Persistent link: https://www.econbiz.de/10011492736
Persistent link: https://www.econbiz.de/10002636002
Persistent link: https://www.econbiz.de/10002850252
Persistent link: https://www.econbiz.de/10003800016
Persistent link: https://www.econbiz.de/10009705889
Persistent link: https://www.econbiz.de/10003428247
Persistent link: https://www.econbiz.de/10003503907