The monetary transmission in the euro area: post-1999 data assessment

References

• Angeloni , I. , Kashyap , A. K. , Mojon , B. and Terlizzese , D. 2003 . “ Monetary policy transmission in the euro area: where do we stand? ” . In Monetary Policy Transmission in the Euro Area , Edited by: Angeloni , I. , Kashyap , A. and Mojon , B. 5 – 41 . Cambridge : Cambridge University Press .
   Google Scholar
• Benkwitz , A. , Lütkepohl , H. and Wolters , J. 2001 . Comparison of bootstrap confidence intervals for impulse responses of German monetary systems . Macroeconomic Dynamics , 5 : 81 – 100 .
   Web of Science ®Google Scholar
• Breitung , J. , Brüggemann , R. and Lütkepohl , H. 2004 . “ Structural vector autoregressive modelling ” . In Applied Time-Series Econometrics , Edited by: Lütkepohl , H. and Krätzig , M. 159 – 96 . Cambridge : Cambridge University Press .
   Google Scholar
• Brüggemann , R. and Lütkepohl , H. 2006 . A small monetary system for the euro area based on German data . Journal of Applied Econometrics , 21 : 683 – 702 .
   Google Scholar
• Christiano , L. , Eichenbaum , M. and Evans , C. L. 1999 . “ Monetary policy shocks: what have we learned and to what end? ” . In Handbook of Macroeconomics , Edited by: Taylor , J. and Woodford , M. 65 – 148 . Amsterdam : North Holland .
   Google Scholar
• Clarida , R. , Gali , J. and Gertler , M. 1999 . The science of monetary policy: new Keynesian perspective . Journal of Economic Literature , 37 : 1661 – 707 .
   Web of Science ®Google Scholar
• Doornik , J. A. 1998 . Approximations to the asymptotic distributions of cointegration tests . Journal of Economic Surveys , 12 : 573 – 93 .
   Google Scholar
• Giordani , P. 2004 . An alternative explanation of the price puzzle . Journal of Monetary Economics , 51 : 1271 – 96 .
   Web of Science ®Google Scholar
• Johansen , S. 1995 . Likelihood Based Inference in Cointegrated Vector Autoregressive Systems , 34 – 102 . Oxford : Oxford University Press .
   Google Scholar
• Lütkepohl , H. 2004 . “ Univariate time series analysis ” . In Applied Time-Series Econometrics , Edited by: Lütkepohl , H. and Krätzig , M. 8 – 85 . Cambridge : Cambridge University Press .
   Google Scholar
• Lütkepohl , H. 2005 . New Introduction to Multivariate Time-Series Analysis , 103 – 89 . Berlin : Springer Verlag .
   Google Scholar
• Lütkepohl , H. and Krätzig , M. , eds. 2004 . Applied Time-Series Econometrics , 103 – 89 . Cambridge : Cambridge University Press .
   Google Scholar
• Mojon , B. and Peersman , G. 2003 . “ A VAR description of the effects of monetary policy in the individual countries of the Euro area ” . In Monetary Policy Transmission in the Euro Area , Edited by: Angeloni . 121 – 55 . Cambridge : Cambridge University Press .
   Google Scholar
• Peersman , G. and Smets , F. 2003 . “ The monetary transmission mechanism in the euro area: more evidence from VAR analysis ” . In Monetary Policy Transmission in the Euro Area , Edited by: Angeloni , I. , Kashyap , A. and Mojon , B. 156 – 89 . Cambridge : Cambridge University Press .
   Google Scholar
• Sims , C. 1992 . Interpreting the macroeconomic time series facts: the effects of monetary policy . European Economic Review , 36 : 2 – 16 .
   Google Scholar
• Vlaar , P. 2004 . Shocking the eurozone . European Economic Review , 48 : 109 – 31 .
   Google Scholar