Monetary Policy and Risk-Premium Shocks in Hungary : Results from a Large Bayesian VAR /

We document the transmission of monetary policy and risk-premium shocks in Hungary, by applying recent advances in the Bayesian estimation of large VAR models. The method allows extracting information from over 100 series, opening the "black box" of the transmission mechanism to provide th...

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Detalles Bibliográficos
Autor principal: Popescu, Adina
Otros Autores: Carare, Alina
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2011.
Colección:IMF Working Papers; Working Paper ; No. 2011/259
Acceso en línea:Full text available on IMF