Matches in SemOpenAlex for { <https://semopenalex.org/work/W3123913046> ?p ?o ?g. }
Showing items 1 to 85 of
85
with 100 items per page.
- W3123913046 abstract "Overall, the ECB managed monetary policy quite satisfactorily in the first phase of EMU. Nevertheless, this paper asks whether monetary policy could not have been improved. In the last three years, Euroland was confronted with the first external shock. Oil prices increased considerably, leading to an increase of headline inflation of over one percentage point in 2000–01. With a specific Taylor rule one can very well understand, how the ECB sets interest rates, but it turns out that monetary policy based on the estimated Taylor reaction function was rather backward than forward looking. While it reacted with a lag to the actions of the U.S. Fed, it was overly cautious by targeting total HICP inflation. Here it is strongly argued and also demonstrated with model simulations that a monetary policy oriented towards core inflation would have resulted in a much better economic performance. The business cycle downturn could have been mitigated with no additional inflation risks." @default.
- W3123913046 created "2021-02-01" @default.
- W3123913046 creator A5082975353 @default.
- W3123913046 date "2002-01-16" @default.
- W3123913046 modified "2023-09-27" @default.
- W3123913046 title "Was ECB's Monetary Policy Optimal?" @default.
- W3123913046 hasPublicationYear "2002" @default.
- W3123913046 type Work @default.
- W3123913046 sameAs 3123913046 @default.
- W3123913046 citedByCount "0" @default.
- W3123913046 crossrefType "posted-content" @default.
- W3123913046 hasAuthorship W3123913046A5082975353 @default.
- W3123913046 hasConcept C121332964 @default.
- W3123913046 hasConcept C126285488 @default.
- W3123913046 hasConcept C126322002 @default.
- W3123913046 hasConcept C138885662 @default.
- W3123913046 hasConcept C139719470 @default.
- W3123913046 hasConcept C162324750 @default.
- W3123913046 hasConcept C165556158 @default.
- W3123913046 hasConcept C175025494 @default.
- W3123913046 hasConcept C185824701 @default.
- W3123913046 hasConcept C200941418 @default.
- W3123913046 hasConcept C2524010 @default.
- W3123913046 hasConcept C2777763362 @default.
- W3123913046 hasConcept C2778222704 @default.
- W3123913046 hasConcept C2778689934 @default.
- W3123913046 hasConcept C2781300812 @default.
- W3123913046 hasConcept C28719098 @default.
- W3123913046 hasConcept C2992735868 @default.
- W3123913046 hasConcept C33332235 @default.
- W3123913046 hasConcept C33923547 @default.
- W3123913046 hasConcept C41895202 @default.
- W3123913046 hasConcept C556758197 @default.
- W3123913046 hasConcept C71924100 @default.
- W3123913046 hasConcept C83873408 @default.
- W3123913046 hasConceptScore W3123913046C121332964 @default.
- W3123913046 hasConceptScore W3123913046C126285488 @default.
- W3123913046 hasConceptScore W3123913046C126322002 @default.
- W3123913046 hasConceptScore W3123913046C138885662 @default.
- W3123913046 hasConceptScore W3123913046C139719470 @default.
- W3123913046 hasConceptScore W3123913046C162324750 @default.
- W3123913046 hasConceptScore W3123913046C165556158 @default.
- W3123913046 hasConceptScore W3123913046C175025494 @default.
- W3123913046 hasConceptScore W3123913046C185824701 @default.
- W3123913046 hasConceptScore W3123913046C200941418 @default.
- W3123913046 hasConceptScore W3123913046C2524010 @default.
- W3123913046 hasConceptScore W3123913046C2777763362 @default.
- W3123913046 hasConceptScore W3123913046C2778222704 @default.
- W3123913046 hasConceptScore W3123913046C2778689934 @default.
- W3123913046 hasConceptScore W3123913046C2781300812 @default.
- W3123913046 hasConceptScore W3123913046C28719098 @default.
- W3123913046 hasConceptScore W3123913046C2992735868 @default.
- W3123913046 hasConceptScore W3123913046C33332235 @default.
- W3123913046 hasConceptScore W3123913046C33923547 @default.
- W3123913046 hasConceptScore W3123913046C41895202 @default.
- W3123913046 hasConceptScore W3123913046C556758197 @default.
- W3123913046 hasConceptScore W3123913046C71924100 @default.
- W3123913046 hasConceptScore W3123913046C83873408 @default.
- W3123913046 hasLocation W31239130461 @default.
- W3123913046 hasOpenAccess W3123913046 @default.
- W3123913046 hasPrimaryLocation W31239130461 @default.
- W3123913046 hasRelatedWork W1513035675 @default.
- W3123913046 hasRelatedWork W1531876216 @default.
- W3123913046 hasRelatedWork W1539676582 @default.
- W3123913046 hasRelatedWork W2124993418 @default.
- W3123913046 hasRelatedWork W2160693803 @default.
- W3123913046 hasRelatedWork W2165839172 @default.
- W3123913046 hasRelatedWork W2236363321 @default.
- W3123913046 hasRelatedWork W2505801781 @default.
- W3123913046 hasRelatedWork W2585217654 @default.
- W3123913046 hasRelatedWork W2587241390 @default.
- W3123913046 hasRelatedWork W27488807 @default.
- W3123913046 hasRelatedWork W2786186502 @default.
- W3123913046 hasRelatedWork W3003092442 @default.
- W3123913046 hasRelatedWork W3121383857 @default.
- W3123913046 hasRelatedWork W3122303733 @default.
- W3123913046 hasRelatedWork W3122957713 @default.
- W3123913046 hasRelatedWork W3123182228 @default.
- W3123913046 hasRelatedWork W3124208484 @default.
- W3123913046 hasRelatedWork W3175949299 @default.
- W3123913046 hasRelatedWork W3202394895 @default.
- W3123913046 isParatext "false" @default.
- W3123913046 isRetracted "false" @default.
- W3123913046 magId "3123913046" @default.
- W3123913046 workType "article" @default.