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Branching networks and geographic contagion of commodity price shocks

Wang, Teng - 2020

Persistent link: https://www.econbiz.de/10012388612

Commodity prices and labour market dynamics in small open economies

Bodenstein, Martin; Kamber, Gunes; Thoenissen, Christoph - 2017

panel vector autoregression; a positive price shock is found to expand the components of GDP, to cause the real exchange … then match the impulse responses to a commodity price shock from a small open economy model with net commodity exports and …

Persistent link: https://www.econbiz.de/10011709241

Effects of monetary policy shocks across time and across sectors

Peneva, Ekaterina V. - 2013

Persistent link: https://www.econbiz.de/10010431709

Monetary policy, real activity, and credit spreads : evidence from Bayesian proxy SVARs

Caldara, Dario; Herbst, Edward P. - 2016

This paper studies the interaction between monetary policy, financial markets, and the real economy. We develop a Bayesian framework to estimate proxy structural vector autoregressions (SVARs) in which monetary policy shocks are identified by exploiting the information contained in high...

Persistent link: https://www.econbiz.de/10011500415

Identification of monetary policy shocks with external instrument SVAR

Kim, Kyungmin - 2017

We explore the use of external instrument SVAR to identify monetary policy shocks. We identify a forward guidance shock … as the monetary shock component having zero instant impact on the policy rate. A contractionary forward guidance shock …

Persistent link: https://www.econbiz.de/10011803281