Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9549263 | Economics Letters | 2005 | 5 Pages |
Abstract
We hold the fort for linear specification of monetary policy and economic activity in Europe. Using data on the last two and a half decades, we cannot reject the hypothesis that monetary policy is a linear process and we find mixed results regarding economic activity.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Allard Bruinshoofd, Bertrand Candelon,