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Econ 327 Project " Monetary Policy Shocks : What have We Learned and to What End " , by Lawrence Christiano
| Content Provider | Semantic Scholar |
|---|---|
| Author | Vukotíc, Marija |
| Copyright Year | 2005 |
| Abstract | The main purpose of this paper is to replicate the results of CEE paper Monetary Policy Shocks: What Have We Learned and to What End?. We chose this paper because it addresses very important and interesting fact: in order to asses any monetary policy model we must rst answer the question what happens after an exogenous shock to monetary policy. Therefore, we must isolate monetary policy shocks in order to perform experiments in the data whose outcomes can be compared with the outcomes of the same experiments in models. Our results mostly coincide with the ones of the authors. Also, most of claims that authors make without explicitly showing them have been veri ed. Furthermore, some extensions have been added. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://public.econ.duke.edu/~brossi/327papers/vukotic327project.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |