Author: | Leith, C. Malley, J. |
Title: | Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe |
Journal: | European Economic Review
2005 : NOV, VOL. 49:8, p. 2137-2159 |
Index terms: | equilibrium theory Europe monetary policy USA |
Language: | eng |
Abstract: | This article provides a general equilibrium model in order to analyze monetary policies in the US and Europe. The model contains both price and wage setting and consumption habits. The authors evaluate US and European monetary policies over the period of 1970-1998. |
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