output and inflation in opposite directions may worsen the trade-off for a central bank with a dual mandate. …

find that up to 70% (50%) of the cross-country asymmetries in the responses of output (prices) to a monetary policy shock …-country asymmetries in monetary transmission. To do so, I determine how closely the impulse responses to a monetary policy shock obtained … in the short run asymmetries in the output responses arise mainly due to cross-country differences in industry mix, in …

We assess the transmission of monetary policy shocks on oil prices using a VAR model. We identify monetary policy and … primarily through fundamental (supply and demand) channels rather than through financial activity. -- Oil prices ; monetary …

through changes in their returns (and their prices), both of which depend on the current state of the economy. Nonstate …

monetary policy shock. In line with a re-anchoring channel of monetary policy, we find that long-term inflation expectations …

purchase shock with sign and zero restrictions. In contrast to the impulse response analysis in previous work, the reactions of … corporate bond spreads decline, with industrial production rising in response a positive asset purchase shock in either country. …