文章基本信息
- 标题：Is the ECB's monetary benchmark still alive?
- 本地全文：下载
- 作者：Michael R Frenkel ; Jan C Rülke
- 期刊名称：Economics Bulletin
- 电子版ISSN：1545-2921
- 出版年度：2013
- 卷号：33
- 期号：2
- 页码：1204-1214
- 出版社：Economics Bulletin
- 摘要：We develop a simple test to show that the ECB's monetary benchmark serves as an anchor for financial markets. This result is more pronounced for the financial crisis 2007-2009 and when looking at longer-term forecasts. However, for non-EMU forecasters we do not find an anchoring effect.
- 关键词：E43; E47; E44
