Narrow search
Showing 1 - 10 of 1,768
Cover Image
The macroeconomic impact of unconventional monetary policy shocks : conference paper
Meinusch, Annette; Tillmann, Peter - 2014
With the Federal Funds rate approaching the zero lower bound, the U.S. Federal Reserve adopted a range of unconventional monetary policy measures known as Quantitative Easing (QE). Quantifying the impact QE has on the real economy, however, is not straightforward as standard tools such as VAR...
Persistent link: https://www.econbiz.de/10010482445
Cover Image
Inflation in an era of relative price shocks : proceedings of a conference held at the H. C. Coombs Centre for Financial Studies, Kirribilli on 17 - 18 August 2009
Fry, Renée (contributor); Jones, Callum (contributor);  … - 2010
Persistent link: https://www.econbiz.de/10008689083
Cover Image
Sign restrictions and statistical identification under volatility breaks : simulation based evidence and an empirical application to monetary policy analysis ; conference paper
Herwartz, Helmut; Plödt, Martin - 2014
Apart from a priori assumptions on instantaneous or long run effects of structural shocks, sign restrictions have become a prominent means for structural vector autoregressive (SVAR) analysis. Moreover, second order heterogeneity of systems of times series can be fruitfully exploited for...
Persistent link: https://www.econbiz.de/10010482469
Cover Image
ECB monetary policy surprises : identification through cojumps in interest rates ; conference paper
Winkelmann, Lars; Bibinger, Markus; Linzert, Tobias - 2013 - Draft 27.06.2013
We propose a new monetary policy surprise measure based on cojumps in tick-data of a short and long term interest rate. We extend a recently proposed test for cojumps to distinguish policy announcements that shift the short and long end of the yield curve in the same direction (level shift) and...
Persistent link: https://www.econbiz.de/10010343631
Cover Image
Analysis of various shocks within the high-frequency versions of the baseline new-Keynesian model : conference paper
Sacht, Stephen - 2014
In this paper we analyze a hybrid small-scale New-Keynesian model with an arbitrary frequency of the agents synchronized decision making. We study the impact of various demand and supply shocks on the dynamics of the model variables. We show that the corresponding impulse-response functions of...
Persistent link: https://www.econbiz.de/10010483854
Cover Image
Global food price shocks : causes, consequences and policy implications ; plenary session May 2009
Ajakaiye, Olu (contributor) - 2011
Persistent link: https://www.econbiz.de/10009309084
Cover Image
Big banks and macroeconomic outcomes : theory and cross-country evidence of granularity ; conference paper
Bremus, Franziska; Buch, Claudia M.; Russ, Katheryn Niles; … - 2013
Does the mere presence of big banks affect macroeconomic outcomes? Gabaix (2011) shows that idosyncratic shocks can have aggregate effects if the distribution of firm sizes in manufacturing follows a power law distribution. Our contribution is two-fold. First, we expand the theory of granularity...
Persistent link: https://www.econbiz.de/10010336792
Cover Image
The impact of extreme weather events on child health : evidence from Mongolia ; conference paper
Groppo, Valeria; Krähnert, Kati - 2014 - Draft
This paper investigates the impact of a devastating weather shock on child anthropometrics, using data from Mongolia … lived in districts in which the shock was particularly harsh are significantly shorter two years after the shock. The … negative effect of the shock is strongest for children from herding households. Moreover, we explore the role of mitigation …
Persistent link: https://www.econbiz.de/10010483868
Cover Image
EMU : facts, challenges and policies
Coppel, Jonathan (contributor) - 1999 - Reprint
Persistent link: https://www.econbiz.de/10001355518