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Journal articles (2007), Journal of Policy Modeling, pp. 181-194

The ECB Monetary Policy: Choices and Challenges

This paper analyses the European central bank (ECB) monetary policy over the period 1999-2006, with a special emphasis on the recent years. We provide several estimates for the ECB's interest rate rule that put foward its forward looking behavior, and the existence of a direct activity goal. Policy implications follow.

FOURÇANS, A. and VRANCEANU, R. (2007). The ECB Monetary Policy: Choices and Challenges. Journal of Policy Modeling, pp. 181-194.

Keywords : #BCE, #Euro, #Monnaie, #Politique-monétaire, #Règle-de-Taylor, #Théorie-monétaire, #Zone-euro