Narrow search
Showing 1 - 10 of 112,319
Cover Image
How does the FOMC learn about economic revolutions? : evidence from the New Economy Era, 1994-2001
Anderson, Richard G.; Kliesen, Kevin L. - 2011
Persistent link: https://www.econbiz.de/10009620686
Cover Image
Comparing shocks and frictions in US and Euro area business cycles : a Bayesian DSGE approach
Smets, Frank (contributor); Wouters, Rafael (contributor) - 2004
Persistent link: https://www.econbiz.de/10002554857
Cover Image
Comparing shocks and frictions in US and Euro Area Business Cycles : a Bayesian DSGE approach
Smets, Frank; Wouters, Rafael - 2004
Persistent link: https://www.econbiz.de/10002340881
Cover Image
Is the European Central Bank (and the United States Federal Reserve) predictable?
Pérez-Quirós, Gabriel; Sicilia, Jorge - 2002
Persistent link: https://www.econbiz.de/10001757338
Cover Image
Comparing Shocks and Frictions in US and Euro Area Business Cycles : A Bayesian DSGE Approach
Smets, Frank - 2010
This paper estimates a DSGE model with many types of shocks and frictions for both the US and the euro area economy over a common sample period (1974-2002). The structural estimation methodology allows us to investigate whether differences in business cycle behaviour are due to differences in...
Persistent link: https://www.econbiz.de/10013137108
Cover Image
Shocks, Structures or Monetary Policies? The Euro Area and US After 2001
Christiano, Lawrence J. - 2007
The US Federal Reserve cut interest rates more vigorously in the recent recession than the European Central Bank did. By comparison with the Fed, the ECB followed a more measured course of action. We use an estimated dynamic general equilibrium model with financial frictions to show that...
Persistent link: https://www.econbiz.de/10012776610
Cover Image
Identifying Monetary Policy Shocks Using the Central Bank's Information Set
Bachmann, Ruediger; Gödl-Hanisch, Isabel; Sims, Eric R. - National Bureau of Economic Research - 2021
movements in the policy rate unrelated to economic conditions. We then compute the effects of a monetary policy shock on the … aggregate economy using local projection methods. We find that a contractionary monetary policy shock has a limited negative …
Persistent link: https://www.econbiz.de/10012794600
Cover Image
Is the European Central Bank (and the United States Federal Reserve) Predictable?
Perez-Quiros, Gabriel; Sicilia, Jorge - 2021
on bond yields declines with the maturity of the bonds, and that this impact is significantly lower when the shock stems …
Persistent link: https://www.econbiz.de/10013320167
Cover Image
Shocks, Structures or Monetary Policies? The Euro Area and US After 2001
Christiano, Lawrence - 2007
The US Federal Reserve cut interest rates more vigorously in the recent recession than the European Central Bank did. By comparison with the Fed, the ECB followed a more measured course of action. We use an estimated dynamic general equilibrium model with financial frictions to show that...
Persistent link: https://www.econbiz.de/10012465125
Cover Image
Comparing shocks and frictions in US and euro area business cycles : a Bayesian DSGE approach
Smets, Frank; Wouters, Rafael - 2004
This paper estimates a DSGE model with many types of shocks and frictions for both the US and the euro area economy over a common sample period (1974-2002). The structural estimation methodology allows us to investigate whether differences in business cycle behaviour are due to differences in...
Persistent link: https://www.econbiz.de/10011625697