Does Money Matter for the Identification of Monetary Policy Shocks: A DSGE Perspective

This paper investigates how the identification assumptions of monetary policy shocks modify the inference in a standard DSGE model. Considering SVAR models in which either the interest rate is predetermined for money or these two monetary variables are simultaneously determined, two DSGE models are...

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Bibliographic details
Main Author: Poilly, Céline
Format: Paper
Language: English
Place of publication: 2007
Related: THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise
Data of publication: 2007
Series: THEMA Working Papers
Subjects:
Online Access: available in Bonn?
Database: RePEc IDEAS
RePEc
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