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9781840642414

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Reviews

'I can fully recommend this book to those interested in the transmission process of monetary policy.'

`I can fully recommend this book to those interested in the transmission process of monetary policy.' -- Harry Garretsen, De Economist `This book focusing on different aspects of the monetary transmission process is of topical value, not only because of its contribution to the existing literature but also because of its practical relevance for monetary policy making. The investigation includes not only small but also larger economies. As both types are part of EMU the empirical results seem also highly useful for evaluating the process of monetary policy transmission in a European perspective which still remains one of the most crucial fields for research especially with regard to the design and conduct of the ECB's monetary policy.' -- Wim F.V. Vanthoor, De Nederlandsche Bank, The Netherlands `Monetary Transmission in Europe is an important book as it focuses on the intimate monetary relationship - or quasi monetary union - between The Netherlands and Germany. This is a valuable complement to the literature that up until now mainly focused on monetary transmission in the US. Jan Kakes's book combines scientific craftsmanship with a very good understanding of the monetary policymaker's needs.' -- Peter van Bergeijk, UBS Group Economic Research Zurich, Switzerland and Erasmus University Rotterdam, The Netherlands

'I can fully recommend this book to those interested in the transmission process of monetary policy.' -- Harry Garretsen, De Economist 'This book focusing on different aspects of the monetary transmission process is of topical value, not only because of its contribution to the existing literature but also because of its practical relevance for monetary policy making. The investigation includes not only small but also larger economies. As both types are part of EMU the empirical results seem also highly useful for evaluating the process of monetary policy transmission in a European perspective which still remains one of the most crucial fields for research especially with regard to the design and conduct of the ECB's monetary policy.' -- Wim F.V. Vanthoor, De Nederlandsche Bank, The Netherlands 'Monetary Transmission in Europe is an important book as it focuses on the intimate monetary relationship - or quasi monetary union - between The Netherlands and Germany. This is a valuable complement to the literature that up until now mainly focused on monetary transmission in the US. Jan Kakes's book combines scientific craftsmanship with a very good understanding of the monetary policymaker's needs.' -- Peter van Bergeijk, UBS Group Economic Research Zurich, Switzerland and Erasmus University Rotterdam, The Netherlands

Author Information

Jan Kakes, Monetary and Economic Policy Department, De Nederlandsche Bank, The Netherlands

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