transmission mechanism in Slovakia. Subject to various sensitivity checks, we find that contractionary monetary policy shock has a … policy shock on Slovak prices is more powerful than that of the National Bank of Slovakia. Slovak central bank interest rate …

particular, standard local projections identify responses that include an effect due to the persistence of the shock, while … projections and moving average representations. In particular, the inclusion of leads of the shock in local projections allows to … proyecciones locales estándar identifi can respuestas que incluyen un efecto debido a la persistencia del shock, mientras que las …

risk. Consistent with corporate hedging theory, the case study finds that hedging contributes to smooth companies' earning …

analysis of the transmission of a positive supply shock that originates in one of the countries shows that on impact the shock … and output level that is identical to the one before the shock. The the capital stock of one country undergoes a non … theory. …

eficiente en I+D. ; The coronavirus pandemic has placed our economy in an unprecedented situation. The adverse shock has been on … size of firms and the high temporary employment ratio – make it more vulnerable than other countries to this shock. This … loss of income of the households and firms affected by the crisis and to prevent a temporary shock from causing persistent …

The coronavirus pandemic has placed our economy in an unprecedented situation. The adverse shock has been on an … and the high temporary employment ratio – make it more vulnerable than other countries to this shock. This situation … income of the households and firms affected by the crisis and to prevent a temporary shock from causing persistent effects …