Baxa, Jaromír; Horváth, Roman; Vasícek, Borek - Departament d'Economia Aplicada, Universitat Autònoma … - 2010
Zealand, Sweden and the United Kingdom) applying moment- based estimator at time-varying parameter model with endogenous … regressors. Using this novel flexible framework, our main findings are threefold. First, monetary policy rules change gradually …