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Economy and Finance

A Calibration of the Shadow Rate to the Euro Area using Genetic Algorithms

Details

Identification
Discussion Paper 051
Publication date
14 July 2017
Author
Directorate-General for Economic and Financial Affairs
Related department
Directorate-General for Economic and Financial Affairs

Description

dp_051_en-1.jpg

Description

The paper estimates a shadow rate for the euro area using ‘genetic algorithms’ and discusses the strengths and weaknesses of the shadow rate concept.

Author(s)

Eric McCoy, Ulrich Clemens

Information and identifiers

Discussion Paper 051. July 2017. Brussels. PDF. 36pp. Tab. Graph. Bibliogr. Free.

KC-BD-17-051-EN-N (online)
978-92-79-64893-9 (online)
ISSN 2443-8022 (online)
doi:10.2765/457704

JEL classification: E43, E44, E52, E58.

Disclaimer

European Economy Discussion Papers are written by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs, or by experts working in association with them, to inform discussion on economic policy and to stimulate debate. The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views of the European Commission.

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A Calibration of the Shadow Rate to the Euro Area using Genetic Algorithms
English
(1.24 MB - PDF)
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