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1. Introduction and Overview -- 2. An analysis of savings among rural poor households in Rwanda -- 3. Economic Modelling of Capital Market and Sustainable Investment in Rwanda -- 4. The Working of Monetary Policy Transmission Mechanism in Rwanda: An Econometric Analysis using Equilibrium Model...
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We investigate the role of business dynamism in the transmission of monetary policy by exploitingthe variation in firm demographics across U.S. states. Using local projections, we find that a larger fraction of young firms significantly mutes the effects of monetary policy on the labor market...
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Structural vector-autoregressive models are potentially very useful tools for guiding both macro- and microeconomic policy. In this paper, we present a recently developed method for exploiting non-Gaussianity in the data for estimating such models, with the aim of capturing the causal structure...
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