Structural Gaussian mixture vector autoregressive model with application to the asymmetric effects of monetary policy shocks (Q75585): Difference between revisions
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Created claim: summary (P1638): This article explains the concept of an impact matrix, a tool that helps visualize how economic changes propagate through various sectors. Similar to a puzzle, it represents how one part of the economy affects another, though initially unclear which piece corresponds to which change or shock. It introduces rules for inference but acknowledges potential inaccuracies and suggests using testable constraints for verification. The article then appl... Tag: Reverted |
Added qualifier: generated by (P1642): Deepseek-Coder-V2 (Q6510305) Tag: Reverted |
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| Property / summary: This article explains the concept of an impact matrix, a tool that helps visualize how economic changes propagate through various sectors. Similar to a puzzle, it represents how one part of the economy affects another, though initially unclear which piece corresponds to which change or shock. It introduces rules for inference but acknowledges potential inaccuracies and suggests using testable constraints for verification. The article then applies this method to study monetary policy shocks within the U.S. economy during economic crises, revealing distinct impacts based on inflation stability: strong reactions in unstable conditions and more complex responses in stable environments. Overall, it demonstrates how impact matrices can analyze such effects systematically across different economic scenarios. (English) / qualifier | |||
Revision as of 22:44, 24 November 2024
scientific article from arXiv
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Structural Gaussian mixture vector autoregressive model with application to the asymmetric effects of monetary policy shocks |
scientific article from arXiv |
Statements
9 July 2020
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econ.EM
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stat.ME
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This article explains the concept of an impact matrix, a tool that helps visualize how economic changes propagate through various sectors. Similar to a puzzle, it represents how one part of the economy affects another, though initially unclear which piece corresponds to which change or shock. It introduces rules for inference but acknowledges potential inaccuracies and suggests using testable constraints for verification. The article then applies this method to study monetary policy shocks within the U.S. economy during economic crises, revealing distinct impacts based on inflation stability: strong reactions in unstable conditions and more complex responses in stable environments. Overall, it demonstrates how impact matrices can analyze such effects systematically across different economic scenarios. (English)
0 references
