Effects of Monetary Policy Shocks across Time and across Sectors by Federal Reserve Board

Effects of Monetary Policy Shocks across Time and across Sectors

Federal Reserve Board

32 pages missing pub info (view editions)

nonfiction business economics informative medium-paced
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Description

Recent empirical research by Olivei and Tenreyro (2007) demonstrates that the effect of monetary policy shocks on output and prices depends on the shock's timing: In the United States, a monetary policy shock that takes place in the first half of ...

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