Is there an asymmetric effect of monetary policy over time? A Bayesian analysis using Austrian data
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Note: Received: December 2000/Final Version Received: May 2001
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- Sylvia Kaufmann, 2001. "Is there an asymmetric effect on monetary policy over time? A bayesian analysis using Austrian data," Working Papers 45, Oesterreichische Nationalbank (Austrian Central Bank).
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Citations
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Cited by:
- Zakaria Babutsidze, 2012.
"Asymmetric (S,s) Pricing: Implications for Monetary Policy,"
Revue de l'OFCE, Presses de Sciences-Po, vol. 0(5), pages 177-204.
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- Zakaria Babutsidze, 2012. "Asymmetric (S,s) pricing: implications for monetary policy," Post-Print hal-01053560, HAL.
- Mustafa Caglayan & Ozge Kandemir Kocaaslan & Kostas Mouratidis, 2017.
"Financial Depth and the Asymmetric Impact of Monetary Policy,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 79(6), pages 1195-1218, December.
- Caglayan, Mustafa & Kandemir Kocaaslan, Ozge & Mouratidis, Kostas, 2016. "Financial Depth and the Asymmetric Impact of Monetary Policy," MPRA Paper 75250, University Library of Munich, Germany, revised Aug 2016.
- Jarko Fidrmuc & Roman Horváth & Eva Horváthová, 2010.
"Corporate Interest Rates and the Financial Accelerator in the Czech Republic,"
Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 46(4), pages 41-54, January.
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- Zare , Roohollah, 2015. "Asymmetric Effects of Monetary Policy and Business Cycles in Iran using Markov-switching Models," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 10(4), pages 125-142, October.
- Sylvia Kaufmann & Maria Teresa Valderrama, 2004.
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- Pao-Lin Tien & Tara M. Sinclair & Edward N. Gamber, 2015.
"Do Fed Forecast Errors Matter?,"
Wesleyan Economics Working Papers
2015-004, Wesleyan University, Department of Economics.
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- Pao-Lin Tien & Tara M. Sinclair & Edward N. Gamber, 2016. "Do Fed Forecast Errors Matter?," Working Papers 2016-007, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting.
- Tara Sinclair & Pao-Lin Tien & Edward Gamber, 2016. "Do Fed Forecast Errors Matter?," Working Papers 2016-14, The George Washington University, Institute for International Economic Policy, revised Aug 2018.
- Renée Fry-Mckibbin & Jasmine Zheng, 2016.
"Effects of the US monetary policy shocks during financial crises – a threshold vector autoregression approach,"
Applied Economics, Taylor & Francis Journals, vol. 48(59), pages 5802-5823, December.
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- Alvaro Aguiar & Manuel Martins, 2005. "Testing the significance and the non-linearity of the Phillips trade-off in the Euro Area," Empirical Economics, Springer, vol. 30(3), pages 665-691, October.
- Ming-Yuan Leon Li, 2009. "Reexamining asymmetric effects of monetary and government spending policies on economic growth using quantile regression," Journal of Developing Areas, Tennessee State University, College of Business, vol. 43(1), pages 137-154, September.
- Toni Beutler & Matthias Gubler & Simona Hauri & Sylvia Kaufmann, 2020.
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- Toni Beutler & Matthias Gubler & Simona Hauri & Sylvia Kaufmann, 2020. "Bank lending in Switzerland: Capturing cross-sectional heterogeneity and asymmetry over time," Working Papers 2020-12, Swiss National Bank.
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"Asymmetric price adjustment – evidence for India,"
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- Babutsidze, Zakaria, 2006. "(S,s) Pricing: Does the Heterogeneity Wipe Out the Asymmetry on Micro Level?," MERIT Working Papers 2006-033, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Chuku Chuku & Paul Middleditch, 2020.
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Manchester School, University of Manchester, vol. 88(3), pages 373-404, June.
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- Vinícius dos Santos Cerqueira & Márcio Bruno Ribeiro & Thiago Sevilhano Martinez, 2011. "Propagação Assimétrica de Choques Monetários na Economia Brasileira: Evidências com Base em um Modelo Vetorial não Linear de Transição Suave," Discussion Papers 1639, Instituto de Pesquisa Econômica Aplicada - IPEA.
- Mustafa Caglayan & Ozge Kandemir Kocaaslan & Kostas Mouratidis, 2013.
"The Role of Financial Depth on the Asymmetric Impact of Monetary Policy,"
Working Papers
2013007, The University of Sheffield, Department of Economics.
- Mustafa Caglayan & Ozge Kandemir Kocaaslan & Kostas Mouratidis, 2015. "The Role of Financial Depth on The Asymmetric Impact of Monetary Policy," EcoMod2015 8285, EcoMod.
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"Is the Response of Output to Monetary Policy Asymmetric? Evidence from a Regime-Switching Coefficients Model,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 37(5), pages 865-886, October.
- Ming Chien Lo & Jeremy M. Piger, 2003. "Is the response of output to monetary policy asymmetric? evidence from a regime-switching coefficients model," Working Papers 2001-022, Federal Reserve Bank of St. Louis.
- Fredj Jawadi & Sushanta K. Mallick & Ricardo M. Sousa, 2011. "Monetary Policy Rules in the BRICS: How Important is Nonlinearity?," NIPE Working Papers 18/2011, NIPE - Universidade do Minho.
- Gross, Marco & Binder, Michael, 2013. "Regime-switching global vector autoregressive models," Working Paper Series 1569, European Central Bank.
- Kuang‐Liang Chang & Chi‐Wei He, 2010. "Does The Magnitude Of The Effect Of Inflation Uncertainty On Output Growth Depend On The Level Of Inflation?," Manchester School, University of Manchester, vol. 78(2), pages 126-148, March.
- Sylvia Kaufmann, 2003. "The business cycle of European countries Bayesian clustering of country - individual IP growth series," Working Papers 83, Oesterreichische Nationalbank (Austrian Central Bank).
More about this item
Keywords
Asymmetry; monetary policy; Markov switching; Markov Chain Monte Carlo; marginal likelihood;JEL classification:
- C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
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