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Instrumental Variable Identification of Dynamic Variance Decompositions
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References

  • 2005Estimation and Inference of Impulse Responses by Local Projections4,629 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 2005What are the effects of monetary policy on output? Results from an agnostic identification procedure2,303 cited
  • 2012Credit Spreads and Business Cycle Fluctuations2,209 cited
  • 1998Monetary Policy Shocks: What Have We Learned and to What End?2,186 cited
  • 2001Monetary policy surprises and interest rates: Evidence from the Fed funds futures market2,054 cited
  • 2004Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements1,566 cited
  • 2010Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach1,507 cited
  • 2015Monetary Policy Surprises, Credit Costs, and Economic Activity1,480 cited
  • 2013High Frequency Identification of Monetary Non-Neutrality: The Information Effect1,410 cited
  • 2016Macroeconomic Shocks and Their Propagation1,100 cited
  • 2017Structural Vector Autoregressive Analysis1,057 cited
  • 2013The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States1,022 cited
  • 2006Can News About the Future Drive the Business Cycle?955 cited
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Stock Prices, News, and Economic Fluctuations
873 cited
  • 2012Disentangling the Channels of the 2007–09 Recession838 cited
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    • 2022Local Projections vs. VARs: Lessons From Thousands of DGPs32 cited
    • 2024Local Projections23 cited
    • 2021Comparison of local projection estimators for proxy vector autoregressions22 cited
    • 2022Proxy SVAR identification of monetary policy shocks - Monte Carlo evidence and insights for the US16 cited
    • 2022Identification of SVAR models by combining sign restrictions with external instruments14 cited