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Reconciling narrative monetary policy disturbances with structural VAR model shocks?

Kliem, Martin; Kriwoluzky, Alexander - 2013

investigate whether employing the narrative monetary shock account as a proxy variable in a VAR model aligns both shock series. We …

Persistent link: https://www.econbiz.de/10009771126

Bayesian state-space modeling for analyzing heterogeneous network effects of US monetary policy

Hauzenberger, Niko; Pfarrhofer, Michael - 2019

Understanding disaggregate channels in the transmission of monetary policy to the real and financial sectors is of crucial importance for effectively implementing policy measures. We extend the empirical econometric literature on the role of production networks in the propagation of shocks along...

Persistent link: https://www.econbiz.de/10012126211

Effects of monetary policy shocks on exchange rate in small open Economies

Kim, So-yŏng; Lim, Kuntae - In: Journal of macroeconomics 56 (2018), pp. 324-339

Persistent link: https://www.econbiz.de/10012127695

Identifying the effects of monetary policy shocks in an open economy

Jacobson, Tor; Jansson, Per; Vredin, Anders; Warne, Anders - 2002

wisdom about the effects of monetary policy shock. …

Persistent link: https://www.econbiz.de/10011583125

Monetary policy shocks, set-identifying restrictions, and asset prices : a benchmarking approach for analyzing set-identified models

Uhrin, Gábor B.; Herwartz, Helmut - 2016 - This version: November 17, 2016

A central question for monetary policy is how asset prices respond to a monetary policy shock. We provide evidence on … restrictions. The impulse responses show a positive asset price response to a contractionary monetary policy shock. The resulting …

Persistent link: https://www.econbiz.de/10011563120