Browsing Arbeidsnotater / Working Papers by Author "Zaghini, Andrea"
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Monetary Policy Predictability in the Euro Area: An International Comparison
Wilhelmsen, Bjørn-Roger; Zaghini, Andrea (Working Papers;7/2005, Working paper, 2005)The paper evaluates the ability of market participants to anticipate monetary policy decisions in the euro area and in 13 other countries. First, by looking at the magnitude and the volatility of the changes in the money ...