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US–Euro Area Monetary Policy Interdependence: New Evidence from Taylor Rule-based VECMs
monetary policy interdependence European Central Bank the Federal Reserve vector error correction model
2011/8/21
(1227) Ansgar Belke and Yuhua Cui This paper analyses the monetary policy interdependence between the European Central Bank (ECB) and the Federal Reserve (Fed) for the period 1999–2006. Two models are...