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International evidence on the sources of macroeconomic fluctuations

Bergman, Michael U. - In: European economic review : EER 40 (1996) 6, pp. 1237-1258

Persistent link: https://www.econbiz.de/10001202719

Technology (and policy) shocks in models of endogenous growth

Jones, Larry E.; Manuelli, Rodolfo E.; Stacchetti, Ennio - 1999

Persistent link: https://www.econbiz.de/10001409880

Does monetary policy generate recessions?

Sims, Christopher A.; Zha, Tao - 1999

Persistent link: https://www.econbiz.de/10001410009

Technology (and policy) shocks in models of endogenous growth

Jones, Larry E.; Manuelli, Rodolfo E.; Stacchetti, Ennio - 1999

Persistent link: https://www.econbiz.de/10001379609

Open market operations as a monetary policy shock measure in a quantitative business cycle model

Heer, Burkhard; Schabert, Andreas - 2000

This paper presents a business cycle analysis of monetary policy shocksmeasured by disturbances to open market operations, i.e. the ratio of open market papers to non-borrowed reserves. We find empirical evidence for the usefulness of this policy measure, as it predicts significant declines in...