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Tekijä: | Tarkka, J. Kortelainen, M. |
Otsikko: | Analysing monetary policy credibility with a model of the euro area |
Lehti: | Bank of Finland Bulletin
2001 : VOL. 75:3, p. 18-23 |
Asiasana: | Monetary policy Econometric models Expectancy theory |
Kieli: | eng |
Tiivistelmä: | To enable analysis of less-than-complete credibility, two versions of the EDGE (euro area dynamic equilibrium) model are employed. These differ from each other only in the way monetary policy (interest rate determination) is modelled. |
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