* 1 Result enter search term Search Reset filter Suchfilter Content Type Publications (1) Publication Type Working Paper (1) Experts Andrew McCallum (1) Frank Smets (1) Date Last Month Last Year Select Period start date to end date Sort by Relevance Date Aktive Filter Tags: rigidity Remove all filters Working Paper Real Wages and Monetary Policy Transmission in the Euro Area 01.06.2007 We use the Factor-Augmented Vector Autoregression (FAVAR) approach of Bernanke, Boivin and Eliasz (2005) to estimate the effects of monetary policy shocks on wages and employment in the euro area. The use of a large data set comprising country,...
Working Paper Real Wages and Monetary Policy Transmission in the Euro Area 01.06.2007 We use the Factor-Augmented Vector Autoregression (FAVAR) approach of Bernanke, Boivin and Eliasz (2005) to estimate the effects of monetary policy shocks on wages and employment in the euro area. The use of a large data set comprising country,...