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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.
SCIMA record nr: 261587
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