Modeling Monetary Transmission in Switzerland with a Structural Cointegrated VAR Model
نویسندگان
چکیده
منابع مشابه
Assessing Changes in the Monetary Transmission Mechanism: A VAR Approach
everal authors have documented a reduced variability of output and inflation in the United States since the beginning of the 1980s.1 In fact, a comparison of the 1980:1-2001:2 period with the two preceding decades shows that the standard deviation of quarterly output growth has fallen 30 percent, while the standard deviation of inflation has decreased more than 40 percent. These changes in the ...
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ژورنال
عنوان ژورنال: Swiss Journal of Economics and Statistics
سال: 2008
ISSN: 2235-6282
DOI: 10.1007/bf03399253