Monetary Policy Matters : New Evidence Basedon a New Shock Measure /

Conventional VAR and non-VAR methods of identifying the effects of monetary policy shocks on the economy have found a negative output response to monetary tightening using U.S. data over the 1960s-1990s. However, we show that these methods fail to find this contractionary effect when the sample is r...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Crowe, Christopher
Beste egile batzuk: Barakchian, S. Mahdi
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2010.
Saila:IMF Working Papers; Working Paper ; No. 2010/230
Sarrera elektronikoa:Full text available on IMF