Baxa, Jaromír; Horváth, Roman; Vašíček, Bořek - Institut ekonomických studií, Univerzita Karlova v Praze - 2010
Zealand, Sweden and the United Kingdom), applying a moment-based estimator in a time-varying parameter model with endogenous … regressors. Using this novel flexible framework, our main findings are threefold. First, monetary policy rules change gradually …