Sectoral specialisation in the EU a macroeconomic perspective



MPC TASK FORCE OFTHE ESCB

This report has been drafted by an ad hoc Task Force on Sectoral Specialisation of the Monetary
Policy Committee (MPC) of the European System of Central Banks. Its members comprised:

Ad van Riet

European Central Bank, Chairman

Ekkehard Ernst

European Central Bank, Secretariat

Christophe Madaschi

Fabrice Orlandi

European Central Bank

European Central Bank

Alvaro Santos Rivera

European Central Bank

Benoît Robert

Banque Nationale de Belgique

Jorg Dopke

Constantina Backinezos

Deutsche Bundesbank

Bank of Greece

Ioanna Bardakas

Bank of Greece

Esther Gordo Mora

Banco de Espana

Christian Barontini

Banque de France

Mark Cassidy
Sandro Trento

Central Bank of Ireland

Banca d’Italia

Erik Walch

Banque centrale du Luxembourg

Bouke Buitenkamp

Karin Wagner

Hugo Reis

Risto Herrala

De Nederlandsche Bank

Oesterreichische Nationalbank

Banco de Portugal

Bank of Finland

Faisel Sethi

Danmarks Nationalbank

Kurt Gustavsson

Sveriges Riksbank

Vincent Labhard

Bank of England

ECB

Occasional Paper No. 19

July 2004



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