DOES MONETARY POLICY GENERATE RECESSIONS?

DOI10.1017/S136510050605019XzbMath1151.91659OpenAlexW1503128159MaRDI QIDQ5483956

Tao Zha, Christopher A. Sims

Publication date: 24 August 2006

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1017/s136510050605019x

zbMATH Keywords

identificationmonetary policystructural var

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (13)

Exchange rate regimes and fiscal multipliers ⋮ The macroeconomic effects of uncertainty shocks: the role of the financial channel ⋮ Does money matter for the identification of monetary policy shocks: a DSGE perspective ⋮ VALIDATING DSGE MODELS WITH SVARS AND HIGH-DIMENSIONAL DYNAMIC FACTOR MODELS ⋮ Modeling changes in US monetary policy with a time-varying nonlinear Taylor rule ⋮ Financial fragmentation and the monetary transmission mechanism in the euro area: a smooth transition VAR approach ⋮ Modeling time-variation over the business cycle (1960--2017): an international perspective ⋮ How well does sticky information explain the dynamics of inflation, output, and real wages? ⋮ Bayesian inference on structural impulse response functions ⋮ Effects of US quantitative easing on emerging market economies ⋮ Long-term inflation expectations and the transmission of monetary policy shocks: evidence from a SVAR analysis ⋮ OIL PRICE SHOCKS, SYSTEMATIC MONETARY POLICY, AND THE “GREAT MODERATION” ⋮ Block recursion and structural vector autoregressions

Cites Work

• Solving linear rational expectations models
• Time to Build and Aggregate Fluctuations: Some New Evidence
• Error Bands for Impulse Responses
• Relative-Price Changes as Aggregate Supply Shocks

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