This study uses cross-sectional data for the years 1997 2006 to examine the effects of monetary policy on different manufacturing industries. The effects of interest-rate shocks and exchange-rate shocks on the amount produced and the price (to the consumer) in each of 16 industries was studied...

In this paper we examine the effect of monetary policy on the Israeli economy, and in particular on unemployment and the evolution of prices, for the period between 1990 and 1999, using the SVAR methodology. The four endogenous variables are the unemployment rate in deviations from its trend,...