International Finance Discussion Papers: Using Measures of Expectations to Identify the Effects of a Monetary Policy Shock by Allan D. Brunner

International Finance Discussion Papers: Using Measures of Expectations to Identify the Effects of a Monetary Policy Shock

Allan D. Brunner

42 pages missing pub info (editions)

nonfiction politics
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This paper considers an alternative econometric approach to the VAR methodology for identifying and estimating the effects of monetary policy shocks. The alternative approach incorporates available measures of market participants' expectations of ...

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