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pro vyhledávání: '"Helvi Fillipus"'
Publikováno v:
Journal of Economic and Financial Sciences, Vol 5, Iss 1, Pp 193-214 (2012)
Using SVAR analysis, this paper finds what Sims calls a ‘price puzzle’, i.e. a case where CPI increases after a positive interest rate shock. The SVAR analysis controls for various monetary transmission mechanisms, including one based on the Sout
Externí odkaz:
https://doaj.org/article/45cbbf7c86144ccb906ae0a9064c538a
Publikováno v:
Journal of Economic and Financial Sciences, Vol 5, Iss 1, Pp 193-214 (2012)
Using SVAR analysis, this paper finds what Sims calls a ‘price puzzle’, i.e. a case where CPI increases after a positive interest rate shock. The SVAR analysis controls for various monetary transmission mechanisms, including one based on the Sout