Robust monetary policy in a currency union

A great number of recent researches have found importance of country specific shocks for optimal monetary policy construction in the context of a currency union. This however has been almost completely overlooked by the analysis of optimal monetary policy under model uncertainty. The main purpose...

Full description

Bibliographic Details
Main Author: Kuznetsova Olga
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2012-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2012/1452-595X1202185K.pdf