文章基本信息

标题：The monetary transmission mechanism at the euro-area level: issues and results using structural macroeconomic models
本地全文：下载
作者：Peter McAdam ; Julian Morgan
期刊名称：Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN：1830-3420
电子版ISSN：1830-3439
出版年度：2001
出版社：European Central Bank
摘要：This paper addresses some of the issues faced by macroeconomic model builders in analysing the monetary transmission mechanism. These include the sensitivity of the policy simulation results to changes in the monetary and fiscal policy rule and the introduction of forward-looking behaviour in the model. To illustrate the importance of these issues the paper reports the results of variant monetary policy simulations at the euro-area level using the AWM and NiGEM models.
关键词：Monetary Transmission Mechanism; Euro Area; Macro Models.ata