Real and nominal effects of monetary policy shocks

Real and nominal effects of monetary policy shocks

Using Canadian data we estimate the effects of monetary policy shocks on various real and nominal variables using a fully recursive VAR model. We decompose the nominal interest rate into an ex-ante real interest rate and inflationary expectations using the Blanchard-Quah structural VAR model with th...

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Bibliographic Details
Main Author: Bhuiyan, Mohammad Rokonuzzaman
Other Authors: Racine, Marie
Format: Others
Language:en
Published: University of Saskatchewan 2004
Subjects:
Inflationary Expectations
Ex-ante
Monetary Policy
Online Access:http://library.usask.ca/theses/available/etd-08192004-115457/

Internet

http://library.usask.ca/theses/available/etd-08192004-115457/

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