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ANALYSIS OF THE ECB MONETARY POLICY MATCH FOR THE NEEDS OF THE EURO AREA COUNTRIES NEEDS

In this paper, using the Taylor rule (Taylor, 1993), the European Central Bank (ECB) monetary policy in 2000–2012, as well as individual interest rate needs of the euro area (EA) countries are analysed. It is assumed that the estimated Taylor rule interest rates are optimal for individual members. W...

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Publicat a:Ekonomika
Autor principal: Tomas Reichenbachas
Format: Artigo
Idioma:Inglês
Publicat: Vilniaus Universitetas 2013
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Accés en línia:https://www.redalyc.org/articulo.oa?id=692273695003
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