期刊名称：Economic Assessment of the Euro Area / Euroframe
出版年度：2006
卷号：AUT
出版社：The Economic and Social Research Institute
摘要：In this paper we report the results of a series of internal and external shocks on the Euro Area, using the National Institute’s Global Econometric Model, NiGEM. The differences in impacts across countries are discussed, stressing the role of openness to the rest of the world, the nature of investment finance, the importance of wealth in different economies, and the impact of liquidity constrained consumers on the transmission mechanism. The link between financial market integration and channels of policy transmission is closely studied.
