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Effect of Monetary Policies on the Relationship between Advertising and Mutual Fund Flows
Wu, Ming-Hung - 2017
between advertising and subsequent net cash flows for Taiwan's mutual fund industry. Based on a comprehensive mutual fund … dataset and allowing for a precise estimation of fund inflows and outflows, we find that there is positive advertising … advertising works well during relatively low interest rate environments, which are generally interpreted as exhibiting low cost of …
Persistent link: https://www.econbiz.de/10012956355
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The effect of monetary policies on the relationship between advertising and mutual fund flows
Wu, Ming-Hung; Tsai, Wei-Che; Chen, Miao-Ling - In: Asia-Pacific journal of financial studies 45 (2016) 5, pp. 673-704
Persistent link: https://www.econbiz.de/10011630771
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Narrative sign restrictions for SVARs
Antolin-Diaz, Juan; Rubio-Ramírez, Juan Francisco - 2016
Persistent link: https://www.econbiz.de/10011550991
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Narrative sign restrictions for SVARs
Antolín-Díaz, Juan; Rubio-Ramírez, Juan Francisco - 2016
We identify structural vector autoregressions using narrative sign restrictions. Narrative sign restrictions constrain the structural shocks and the historical decomposition around key historical events, ensuring that they agree with the established narrative account of these episodes. Using...
Persistent link: https://www.econbiz.de/10011570683
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Narrative sign restrictions for SVARs
Antolín-Díaz, Juan; Rubio-Ramírez, Juan Francisco - 2017 - This draft: December 12, 2016
Persistent link: https://www.econbiz.de/10011700688
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Does Monetary Policy Matter? The Narrative Approach after 35 Years
Romer, Christina; Romer, David - National Bureau of Economic Research - 2023
The narrative approach to macroeconomic identification uses qualitative sources, such as newspapers or government records, to provide information that can help establish causal relationships. This paper discusses the requirements for rigorous narrative analysis using fresh research on the impact...
Persistent link: https://www.econbiz.de/10014250187
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Presidential address: does monetary policy matter? : the narrative approach after 35 years
Romer, Christina; Romer, David - In: American economic review 113 (2023) 6, pp. 1395-1423
Persistent link: https://www.econbiz.de/10014317191
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Monetary policy without interest rates : evidence from France's golden age ; (1948 to 1973) ; using a narrative approach
Monnet, Eric - In: American economic journal : a journal of the American … 6 (2014) 4, pp. 137-169
Persistent link: https://www.econbiz.de/10011377520
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Does monetary policy matter in China? : a narrative approach
Sun, Rongrong - In: China economic review : an international journal 26 (2013), pp. 56-74
Persistent link: https://www.econbiz.de/10010347523
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The Monetary Transmission Mechanism in the Tropics : A Narrative Approach
Berg, Andrew - 2013
Many central banks in low-income countries in Sub-Saharan Africa are modernising their monetary policy frameworks. Standard statistical procedures have had limited success in identifying the channels of monetary transmission in such countries. Here we take a narrative approach, following Romer...
Persistent link: https://www.econbiz.de/10013074691