𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Identifying Monetary Policy Shocks via Changes in Volatility

✍ Scribed by MARKKU LANNE; HELMUT LÜTKEPOHL

Book ID
109146912
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
272 KB
Volume
40
Category
Article
ISSN
0022-2879

No coin nor oath required. For personal study only.

📜 SIMILAR VOLUMES

Monetary policy shocks in the euro area
Monetary policy shocks in the euro area and global liquidity spillovers
✍ João Sousa; Andrea Zaghini 📂 Article 📅 2008 🏛 John Wiley and Sons 🌐 English ⚖ 496 KB

## Abstract We analyse the international transmission of monetary shocks with a focus on the effects of foreign liquidity on the euro area. We estimate two domestic structural VAR models for the euro area and then we introduce a global liquidity aggregate. The impulse responses show that a positive