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Smets, Frank
Borio, Claudio E. V.
37
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Measuring Monetary Policy Shocks in France, Germany and Italy : The Role of the Exchange Rate
Smets, Frank
-
2013
France, Germany and Italy under the ERM regime. Next, these weights are used to identify a typical monetary policy
shock
in …
Persistent link: https://www.econbiz.de/10014060814
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2
Booms and Banking Crises
Boissay, Frédéric
-
2016
Banking crises are rare events that break out in the midst of
credit
intensive booms and bring about particularly deep … freezes, banking crises,
credit
crunches and severe recessions. Those "financial" recessions follow
credit
booms and are not …
Persistent link: https://www.econbiz.de/10012998760
Saved in:
3
Why Does the Yield Curve Predict Economic Activity? : Dissecting the Evidence for Germany and the United States
Smets, Frank
;
Tsatsaronis, Kostas
-
2013
This paper investigates why the slope of the yield curve predicts future economic activity in Germany and the United States. A structural VAR is used to identify aggregate supply, aggregate demand, monetary policy and inflation scare shocks and to analyze their effects on the real, nominal and...
Persistent link: https://www.econbiz.de/10014224209
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