scholarly journals Monetary Policy Strategies in the New Normal: A Model-Based Analysis for the Euro Area

2020 ◽  
Author(s):  
Fabio Busetti ◽  
Stefano Neri ◽  
Massimiliano Pisani ◽  
Alessandro Notarpietro
Keyword(s):  
Monetary Policy ◽  
Euro Area ◽  
New Normal ◽  
Model Based ◽  
Policy Strategies ◽  
Model Based Analysis

scholarly journals Monetary policy strategies in the New Normal: A model-based analysis for the euro area

2021 ◽  
Vol 70 ◽  
pp. 103366
Author(s):  
Fabio Busetti ◽  
Stefano Neri ◽  
Alessandro Notarpietro ◽  
Massimiliano Pisani
Keyword(s):  
Monetary Policy ◽  
Euro Area ◽  
New Normal ◽  
Model Based ◽  
Policy Strategies ◽  
Model Based Analysis

scholarly journals Complexity, Uncertainty, and Monetary Policy: Can the ECB Avoid the Unconventional Becoming the ‘New Normal’?

2019 ◽  
Vol 16 (1) ◽  
Author(s):  
Christopher A. Hartwell
Keyword(s):  
Monetary Policy ◽  
Structural Change ◽  
Central Bank ◽  
Euro Area ◽  
European Central Bank ◽  
Unresolved Issue ◽  
Unconventional Monetary Policy ◽  
New Normal ◽  
European Central

Abstract Worries about Italy and the unresolved issue of euro governance – coupled with uncertainty surrounding Brexit – means that the European Central Bank (ECB) may already be facing its next crisis in the euro area. Unfortunately, the ECB is still fighting the last war, deploying the tools of unconventional monetary policy to address lingering problems while unable institutionally to address needed structural change. This paper looks at the ECB as an institution amongst institutions and shows how even more unconventional approaches will not help to bolster the economy of the euro area. Indeed, given the complexity of money, the effects of expectations, and continued uncertainty, expanding the ECB’s unconventional arsenal is likely to have deleterious consequences across Europe.

scholarly journals Euro Area and Global Oil Shocks: An Empirical Model-Based Analysis

2012 ◽  
Author(s):  
Lorenzo Forni ◽  
Andrea Gerali ◽  
Alessandro Notarpietro ◽  
Massimiliano Pisani
Keyword(s):  
Euro Area ◽  
Empirical Model ◽  
Oil Shocks ◽  
Model Based ◽  
Model Based Analysis

scholarly journals Fiscal Devaluation in the Euro Area: A Model-Based Analysis

2014 ◽  
Author(s):  
Sandra Gomes ◽  
Pascal Jacquinot ◽  
Massimiliano Pisani
Keyword(s):  
Euro Area ◽  
Model Based ◽  
Fiscal Devaluation ◽  
Model Based Analysis

A Model-Based Analysis of Spillovers: The Case of Poland and the Euro Area

2014 ◽  
Vol 14 (186) ◽  
pp. 1 ◽  
Author(s):  
Michal Andrle ◽  
Roberto Garcia-Saltos ◽  
Giang Ho ◽  
◽  
◽  
...  
Keyword(s):  
Euro Area ◽  
Model Based ◽  
Model Based Analysis

scholarly journals Fiscal devaluation in the euro area: A model-based analysis

2016 ◽  
Vol 52 ◽  
pp. 58-70 ◽  
Author(s):  
S. Gomes ◽  
P. Jacquinot ◽  
M. Pisani
Keyword(s):  
Euro Area ◽  
Model Based ◽  
Fiscal Devaluation ◽  
Model Based Analysis
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