Are the effects of monetary policy in the euro area greater in recessions than in booms?

Author (Corporate)
Series Title
Series Details No.52, March 2001
Publication Date March 2001
Content Type

The authors are Gert Peersman and Frank Smets.

Source Link Link to Main Source http://www.ecb.int/pub/pdf/scpwps/ecbwp052.pdf
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