Enhancing Monetary Analysis

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The European Central Bank (ECB) has just published the book “Enhancing Monetary Analysis”. The study summarizes the results of a research agenda pursued by Eurosystem staff to enhance the set of tools used to conduct the ECB’s monetary analysis and describes how these results are used to support the preparation of monetary policy decisions.

The book is divided in two parts. The first part discusses the theoretical foundations of monetary analysis while the second summarizes the main analytical results of recent Eurosystem research.

The book can be downloaded from the ECB’s website.