Title: Persistence, the monetary transmission and robust monetary policy
Authors: Angeloni, I. ×
Coenen, G.
Smets, Frank #
Issue Date: Nov-2003
Series Title: Scottish Journal of Political Economy vol:50 issue:5 pages:527-549
Abstract: n this paper we first explore the impact of nominal and real persistence on the transmission process of various shocks in an estimated DSGE model of the euro area. We then analyse its impact on optimal monetary policy and investigate the performance of various monetary policies when the policy maker is uncertain about the degree of nominal and real persistence
ISSN: 0036-9292
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Non-KU Leuven Association publications
× corresponding author
# (joint) last author

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