Add to ORKGThis paper reviews and discusses the empirical literature on the impact of monetary policy on output. We focus on the evolution of methods that these studies have applied and demonstrate the established fact that monetary policy has significant impact on output. Throughout the review, we particularly highlight two problems in estimating the effects of monetary policy: the problem of how to measure monetary policy and the identification problem
A cornerstone of central bank policy is that a looser monetary policy is associated with lower inter...
I investigate the effects of central bank independence and inflation targeting on macroeconomic perf...
In order to quantify the effects of monetary policy, this paper employs an alternative empirical mea...
This paper reviews and discusses the empirical literature on the impact of monetary policy on output...
There is substantial research effort devoted to identifying a sufficient statistic for monetary poli...
Abstract. This paper is focused on a review of causality relationship between money, income, price a...
In a standard New Keynesian model, the central bank moves the real rate when it changes the nominal ...
Both academic thinking about monetary economics and the practice of monetary policy have changed dra...
Does monetary policy have economically significant effects on the real output? Historically, e...
Economists and policy-makers have long sought the ideal framework for monetary policy as it is argua...
This paper empirically assesses whether monetary policy affects real economic activity through its a...
The experience of U.S. monetary policy during 1979-82 provided useful and potentially important new ...
H ow the Federal Reserve reacts to economic activity has significantimplications for the way the eco...
Since the days of David Hume (1711–1776), if not even earlier, economists have been studying monetar...
This dissertation is divided into four essays, each of them having its own structure and methodologi...
A cornerstone of central bank policy is that a looser monetary policy is associated with lower inter...
I investigate the effects of central bank independence and inflation targeting on macroeconomic perf...
In order to quantify the effects of monetary policy, this paper employs an alternative empirical mea...
This paper reviews and discusses the empirical literature on the impact of monetary policy on output...
There is substantial research effort devoted to identifying a sufficient statistic for monetary poli...
Abstract. This paper is focused on a review of causality relationship between money, income, price a...
In a standard New Keynesian model, the central bank moves the real rate when it changes the nominal ...
Both academic thinking about monetary economics and the practice of monetary policy have changed dra...
Does monetary policy have economically significant effects on the real output? Historically, e...
Economists and policy-makers have long sought the ideal framework for monetary policy as it is argua...
This paper empirically assesses whether monetary policy affects real economic activity through its a...
The experience of U.S. monetary policy during 1979-82 provided useful and potentially important new ...
H ow the Federal Reserve reacts to economic activity has significantimplications for the way the eco...
Since the days of David Hume (1711–1776), if not even earlier, economists have been studying monetar...
This dissertation is divided into four essays, each of them having its own structure and methodologi...
A cornerstone of central bank policy is that a looser monetary policy is associated with lower inter...
I investigate the effects of central bank independence and inflation targeting on macroeconomic perf...
In order to quantify the effects of monetary policy, this paper employs an alternative empirical mea...