comprising output, nominal interest rate and inflation. Common and country-specific supply, demand and nominal shocks of each G7 …

shocks of a long-run identification scheme in the VAR framework measures the extent to which news incorporated into forward …

Recent empirical literature delivered, based on different structural VAR approaches, controversial results concerning … investigate (i) the extent to thich two prominent structural VAR approaches can be usefull in recuperating news shock dynamics … deliver in particular. Thereby, we provide several insights for the users of both VAR techniques with small samples in …

data on export unit values. Parameter estimation relies on GMM first difference, fixed effects, LAD, OLS first difference …

constants are provided. Whereas the estimation results from the usual GMM estimator would contradict the theory, the empirical …

future interest rate, inflation, and output to discover the sources of individual interest rate forecast errors. Based on a …. However, although experts tend to overestimate the impact of inflation on future interest rates, perceptions of monetary … improved communication has reduced disagreement over the ECB's response to expected inflation during the financial crisis …

conventional trade cost channel and trade effects deriving from “implicit currency misalignment”. Econometric estimation reveals …