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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
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/10002636002
macroeconomic variables. Statements by ECB officials on the main refinancing rate and future inflation are significantly related to …
Persistent link: https://www.econbiz.de/10003381673
Persistent link: https://www.econbiz.de/10003428247
Persistent link: https://www.econbiz.de/10002850252
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 …
Persistent link: https://www.econbiz.de/10001753630
This paper reports the results of a survey among private sector economists about credibility and transparency of central banks. In line with the survey of Alan Blinder among central bankers, we asked participants in Ifo s World Economic Survey to answer questions on the importance and...
Persistent link: https://www.econbiz.de/10011399168
Persistent link: https://www.econbiz.de/10003322270