The effects of monetary policy on unemployment dynamics under model uncertainty. Evidence from US and the euro area
"This paper explores the role that the imperfect knowledge of the structure of the economy plays in the uncertainty surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian model averaging procedure on a wide range of model...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Frankfurt am Main
2009
ECB |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19187064124919052469-The-effects-of-monetary-policy.htm |
