Threshold effects in monetary policy: evidence for the EMU

• Autor(es): Andraz, Jorge Miguel ; Gouveia, Pedro ; Pimpão, Adriano ; Rodrigues, Paulo M. M.
• Data: 2008
• Identificador Persistente: http://hdl.handle.net/10400.1/4733
• Origem: Sapientia - Universidade do Algarve
• Tipo de Documento: Objeto de conferência
• Idioma: Inglês
• Contribuidor(es): Sapientia

Descrição

This paper uses threshold models for purposes of analysing the interest rate behaviour defined by the European Central Bank, as prescribed by the Taylor rule, for the EMU member states from January 1999 2008, Évora, Portugal 26 and July 2007.