How to Promote Growth in the Euro Area: The Contribution of Monetary Policy
β Scribed by Otmar Issing
- Book ID
- 108563977
- Publisher
- John Wiley and Sons
- Year
- 2000
- Tongue
- English
- Weight
- 193 KB
- Volume
- 3
- Category
- Article
- ISSN
- 1367-0271
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π SIMILAR VOLUMES
## Abstract We analyse the international transmission of monetary shocks with a focus on the effects of foreign liquidity on the euro area. We estimate two domestic structural VAR models for the euro area and then we introduce a global liquidity aggregate. The impulse responses show that a positive
## Abstract This paper deals with the evolution of the realized volatility of the overnight interest rates in the Euro area money market using intraday data. It analyses in particular the pattern of the volatility of the overnight interest rate before and after the introduction of the structural ch