Search Results - subject:"External instruments"

US fiscal policy shocks : proxy-SVAR overidentification via GMM

Gregory, Allan W.; McNeil, James; Smith, Gregor W. - In: Journal of applied econometrics 39 (2024) 4, pp. 607-619

Persistent link: https://www.econbiz.de/10014562837

Global spillovers of China's monetary policy

Lei, Wenni; Mei, Dongzhou; Zhang, Mi - In: China & world economy 32 (2024) 3, pp. 1-30

Persistent link: https://www.econbiz.de/10014576882

US tax and spending shocks 1950-2019: SVAR overidentification with external instruments

Gregory, Allan W.; McNeil, James; Smith, Gregor W. - 2021

An SVAR in US federal spending, federal revenue, and GDP is a standard setting for the study of the impact of fiscal shocks. An appealing feature of identifying a fiscal shock with an external instrument is that one can find the effects of that shock without fully identifying the SVAR. But we...

Persistent link: https://www.econbiz.de/10012670897

Measuring monetary policy shocks in India

Lakdawala, Aeimit; Sengupta, Rajeswari - 2021

Persistent link: https://www.econbiz.de/10012817128

Monetary policy effects on equity returns : application of SVAR identified with high-frequency external instrument

Jang, Woon Wook - In: Journal of derivatives and quantitative studies 29 (2021) 4, pp. 319-331

MP indicator in the SVAR, which helps forecast equity excess returns along with its external instruments for … external instruments, and shows the different patterns of the news components' responses depending on the information in the …

Persistent link: https://www.econbiz.de/10012658788