Finance and Economics Discussion Series: Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (Favar) Approach by Ben S. Bernanke

Finance and Economics Discussion Series: Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (Favar) Approach

Ben S. Bernanke

52 pages missing pub info (editions)

nonfiction politics
Powered by AI (Beta)
Loading...

Description

Structural vector autoregressions (VARs) are widely used to trace out the effect of monetary policy innovations on the economy. However, the sparse information sets typically used in these empirical models lead to at least two potential problems w...

Read more

Community Reviews

Loading...

Content Warnings

Loading...