The effect of monetary policy on output in EMU3 A sign restriction approach

This paper examines the effects of monetary policy shocks on output in the three largest euro area economies - Germany, France and Italy (EMU3) - by applying a new VAR identification procedure. The results show that monetary policy innovations are at their most potent in Germany. However, apart from...

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Bibliographic details
Volume: 30
Main Author: Rafiq, M. S
Mallick, S. K
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: AMSTERDAM ELSEVIER 01.12.2008
Elsevier
Elsevier B.V
published in: Journal of macroeconomics Vol. 30; no. 4; pp. 1756 - 1791
ORCID: 0000-0003-3851-3680
Data of publication: 2008-12-01
ISSN: 0164-0704
1873-152X
EISSN: 1873-152X
Discipline: Economics
Series: Journal of Macroeconomics
Subjects:
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2008
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RePEc
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