The Natural Real Rate of Interest in the Euro Area. Export

@article{citeulike:606012, abstract = {In this paper, we discuss the consequences of taking into account the variations of the natural real interest rate in simple monetary policy rules. We also provide one possible model-based analysis of the level of natural real interest rate that has prevailed in the euro area since the early 1970s, and present the implied "real rate gap" as a possible additional indicator to assess the stance of monetary policy.}, author = {Giammarioli, Nicola and Valla, Natacha}, citeulike-article-id = {606012}, citeulike-linkout-0 = {http://ideas.repec.org/p/ecb/ecbwps/20050546.html}, citeulike-linkout-1 = {http://papers.ssrn.com/sol3/papers.cfm?abstract_id=457283}, journal = {ECB Working Paper No. 233}, keywords = {bank, emu, interest, money}, month = {May}, posted-at = {2006-04-28 16:46:55}, priority = {2}, title = {The Natural Real Rate of Interest in the Euro Area.}, url = {http://ideas.repec.org/p/ecb/ecbwps/20050546.html}, year = {2003} }

TY - JOUR ID - citeulike:606012 L3 - citeulike-article-id:606012 N2 - In this paper, we discuss the consequences of taking into account the variations of the natural real interest rate in simple monetary policy rules. We also provide one possible model-based analysis of the level of natural real interest rate that has prevailed in the euro area since the early 1970s, and present the implied "real rate gap" as a possible additional indicator to assess the stance of monetary policy. JF - ECB Working Paper No. 233 TI - The Natural Real Rate of Interest in the Euro Area. KW - bank KW - emu KW - interest KW - money AU - Giammarioli, Nicola AU - Valla, Natacha PY - 2003/05// UR - http://ideas.repec.org/p/ecb/ecbwps/20050546.html ER -