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Technology Shocks and Monetary Policy: Revisiting the Fed's Performance

✍ Scribed by SANVI AVOUYI-DOVI; JULIEN MATHERON

Book ID
110736011
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
594 KB
Volume
39
Category
Article
ISSN
0022-2879

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πŸ“œ SIMILAR VOLUMES

Nonlinearity in the Fed's monetary polic
Nonlinearity in the Fed's monetary policy rule
✍ Dong Heon Kim; Professor Denise R. Osborn; Marianne Sensier πŸ“‚ Article πŸ“… 2005 πŸ› John Wiley and Sons 🌐 English βš– 189 KB

## Abstract This paper investigates the nature of nonlinearities in the monetary policy rule of the US Federal Reserve (Fed) using the flexible approach to nonlinear inference. We find that while there is significant evidence of nonlinearity for the period to 1979, there is little such evidence for