(How) Do the ECB and the Fed react to financial market uncertainty? The Taylor rule in time of crisis
"We assess differences that emerge in Taylor rule estimations for the Fed and the ECB before and after the start of the subprime crisis. For this purpose, we apply an explicit estimate of the equilibrium real interest rate and of potential output in order to account for variations within these...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Berlin
2010
DIW |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19186550124919047329-(How)-Do-the-eCB-and-the-Fed-r.htm |
