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...
| Päätekijä: | |
|---|---|
| Muut tekijät: | |
| Aineistotyyppi: | Aikakauslehti |
| Kieli: | English |
| Julkaistu: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| Sarja: | IMF Working Papers; Working Paper ;
No. 2010/230 |
| Linkit: | Full text available on IMF |