Monetary Policy Transmission in the Euro Area
Subtitle: A Study by the Eurosystem Monetary Transmission Network
Contributors: Ignazio Angeloni (Editor); Anil K. Kashyap (Editor); Benoît Mojon (Editor)
Publisher: Cambridge University Press
Published: January 12, 2004
Language: eng
Format: Hardcover
Number of pages: 514
ISBN-13: 9780521828642
Subjects: Banking; International economics; Microeconomics; Monetary economics; Transmission mechanism (Moneta; Economics - Macroeconomics; Business / Economics / Finance; Business & Economics; Money & Monetary Policy; Business/Economics; EU (European Union); Europe; Euro; Business & Economics / Macroeconomics; Business & Economics-Money & Monetary Policy; Transmission mechanism (Monetary policy); Economics - General; European Union countries; Monetary policy
First sentence: There is a long tradition of describing the main regularities in the economic fluctuations by reporting the standard deviations and cross-correlations of de-trended macroeconomic time series.