Lo, Ming Chien (contributor); Piger, Jeremy Max (contributor) - 2003 - [Elektronische Ressource], rev.
WORKING PAPER SERIES
Is the Response of Output to Monetary Policy Asymmetric?
Evidence from a Regime ….gatewayarch.com
Is the Response of Output to Monetary Policy Asymmetric?
Evidence from a Regime-Switching Coefficients Model
Ming Chien … regime switching in the response of U.S. output to a monetary policy action. We
find substantial, statistically significant …