What Do Monetary Contractions Do? : Evidence From Large, Unanticipated Tightenings /

What Do Monetary Contractions Do? : Evidence From Large, Unanticipated Tightenings /

As the 'Volcker shock' is believed to have generated useful information on the effects of monetary policy, this paper develops a simple procedure to identify other unanticipated monetary contractions. The approach is applied to a panel data set spanning 162 countries (over the period 1970-...

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Bibliografiske detaljer
Hovedforfatter:	Willems, Tim
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2018.
Serier:	IMF Working Papers; Working Paper ; No. 2018/211
Online adgang:	Full text available on IMF

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