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Published in 2018 at "Economic Modelling"
DOI: 10.1016/j.econmod.2017.04.013
Abstract: Existing research demonstrates that housing, particularly residential investment, plays an important role in the transmission of monetary policy shocks to the overall economy. With this in mind, this paper investigates the relationship between monetary policy…
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Keywords:
policy;
monetary policy;
policy housing;
housing market ... See more keywords
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Published in 2020 at "Journal of International Money and Finance"
DOI: 10.1016/j.jimonfin.2020.102250
Abstract: Abstract This paper discusses the problems associated with using information about the signs of certain magnitudes as a basis for drawing structural conclusions in vector autoregressions. We also review available tools to solve these problems.…
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Keywords:
conclusions structural;
basis;
vector autoregressions;
sign restrictions ... See more keywords