dc.contributor.author | ELEFTHERIOU, Maria | |
dc.date.accessioned | 2019-07-15T08:49:13Z | |
dc.date.available | 2019-07-15T08:49:13Z | |
dc.date.issued | 2009 | |
dc.identifier.citation | Economic modelling, 2009, Vol. 26, No. 5, pp. 946-960 | en |
dc.identifier.issn | 0264-9993 | |
dc.identifier.uri | https://hdl.handle.net/1814/63587 | |
dc.description.abstract | The paper attempts to identify an empirical relationship that characterizes the way the Bundesbank adjusted its short-term rate with respect to various objectives. By building on a careful exploration of the properties of the variables involved, it is established that interest rate rules —often remarkably similar to the Taylor rule— remain valid and relevant in a Vector Error Correction framework, and thereby proposing a distinctive interpretation of German monetary policy during the period 1975–1998. | en |
dc.language.iso | en | en |
dc.publisher | Elsevier | en |
dc.relation.ispartof | Economic modelling | en |
dc.relation.replaces | http://hdl.handle.net/1814/4912 | |
dc.subject | Cointegration | en |
dc.subject | Impulse response analysis | en |
dc.subject | Monetary policy | en |
dc.subject | Taylor rule | en |
dc.subject | Vector error correction model | en |
dc.subject | Deutsche Bundesbank | en |
dc.subject | C32 | en |
dc.subject | E52 | en |
dc.subject | E58 | en |
dc.title | Monetary policy in Germany : a cointegration analysis on the relevance of interest rate rules | en |
dc.type | Article | en |
dc.identifier.doi | 10.1016/j.econmod.2009.03.003Get | |
dc.identifier.volume | 26 | en |
dc.identifier.startpage | 946 | en |
dc.identifier.endpage | 960 | en |
dc.identifier.issue | 5 | en |
dc.description.version | Published part of EUI PhD thesis, 2006 | |