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Leaning into the Wind: A Structural VAR Investigation of UK Monetary Policy*
16 references·16 citing·40 second hopsampled
Leaning into the Wind: A Structural VAR Investigation of UK Monetary Policy* (2005)Leaning into the Wind: A Structural VAR I…What are the effects of monetary policy on output? Results from an agnostic identification procedure (2005)What are the effects of monet…Monetary disturbances matter for business fluctuations in the G-7 (2002)Monetary disturbances matter …Exchange rate anomalies in the industrial countries: A solution with a structural VAR approach (2000)Exchange rate anomalies in th…Monetary policy rules in practice (1998)Monetary policy rules in prac…Measuring Monetary Policy (1998)Measuring Monetary PolicyBayesian Methods for Dynamic Multivariate Models (1998)Bayesian Methods for Dynamic …Systematic Monetary Policy and the Effects of Oil Price Shocks (1997)Systematic Monetary Policy an…What Does Monetary Policy Do? (1996)What Does Monetary Policy Do?Advanced macroeconomics (1996)Advanced macroeconomicsSome Empirical Evidence on the Effects of Shocks to Monetary Policy on Exchange Rates (1995)Some Empirical Evidence on th…Interpreting the macroeconomic time series facts (1992)Interpreting the macroeconomi…Inference in Linear Time Series Models with some Unit Roots (1990)Inference in Linear Time Seri…Handbook of monetary economics (1990)Handbook of monetary economicsThe federal funds rate and the channels of monetary transmission (1989)The federal funds rate and th…The Dynamic Effects of Aggregate Demand and Supply Disturbances (1988)The Dynamic Effects of Aggreg…Oil and the Macroeconomy since World War II (1983)Oil and the Macroeconomy sinc…The narrative approach for the identification of monetary policy shocks in a small open economy (2022)The narrative approach for th…Drawing conclusions from structural vector autoregressions identified on the basis of sign restrictions (2020)Drawing conclusions from stru…A History of Aggregate Demand and Supply Shocks for the United Kingdom, 1900 to 2016 (2020)A History of Aggregate Demand…The Shocks Matter: Improving Our Estimates of Exchange Rate Pass-Through (2018)The Shocks Matter: Improving …Shocks versus Structure: Explaining Differences in Exchange Rate Pass-Through across Countries and Time (2017)Shocks versus Structure: Expl…Monetary Policy Transmission in an Open Economy: New Data and Evidence from the United Kingdom (2016)Monetary Policy Transmission …The influences of international output shocks from the US and China on ASEAN economies (2015)The influences of internation…The Macroeconomic Effects of Monetary Policy: A New Measure for the United Kingdom (2014)The Macroeconomic Effects of …THE INTERNATIONAL DIMENSION OF PRODUCTIVITY AND DEMAND SHOCKS IN THE US ECONOMY (2014)THE INTERNATIONAL DIMENSION O…What Drives Credit Growth in Emerging Asia? (2012)What Drives Credit Growth in …Transmission Lags of Monetary Policy: A Meta-Analysis (2012)Transmission Lags of Monetary…Identifying sources of macroeconomic and exchange rate fluctuations in the UK (2012)Identifying sources of macroe…The Relative Importance of Symmetric and Asymmetric Shocks: The Case of United Kingdom and Euro Area* (2010)The Relative Importance of Sy…Sign Restrictions in Structural Vector Autoregressions: A Critical Review (2010)Sign Restrictions in Structur…Bank competition and monetary policy (2008)Bank competition and monetary…MEASURING MONETARY POLICY IN THE UK: A FACTOR‐AUGMENTED VECTOR AUTOREGRESSION MODEL APPROACH (2005)MEASURING MONETARY POLICY IN …Aggregate Dynamics and Staggered Contracts (1980)Trends and random walks in macroeconomic time series (1988)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)Impulse response analysis in nonlinear multivariate models (1996)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)A Monetary History of the United States 1867-1960 (1964)MONEY, INCOME, AND CAUSALITY (1972)Macroeconomics and Reality (1980)Monetary Theory and Policy (1999)Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach (2005)Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound (2016)Econometric policy evaluation: A critique (1976)A no-arbitrage vector autoregression of term structure dynamics with macroeconomic and latent variables (2003)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Understanding the Effects of Government Spending on Consumption (2007)Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)Comparing alternative tests of causality in temporal systems (1983)This is what happened to the oil price-macroeconomy relationship (1996)Oil price shocks and stock market activity (1999)What is an Oil Shock? (2000)Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Statistical analysis of cointegration vectors (1988)MAXIMUM LIKELIHOOD ESTIMATION AND INFERENCE ON COINTEGRATION — WITH APPLICATIONS TO THE DEMAND FOR MONEY (1990)Statistical inference in vector autoregressions with possibly integrated processes (1995)A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)Tests for Parameter Instability and Structural Change With Unknown Change Point (1993)An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy (1997)An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output (2002)The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks (2010)Discretion versus policy rules in practice (1993)The Science of Monetary Policy: A New Keynesian Perspective (1999)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market (2009)THE IMPACT OF OIL PRICE SHOCKS ON THE U.S. STOCK MARKET* (2009)Chapter 4 The new empirics of economic growth (1999)On climate change and economic growth (2004)Chapter 8 Growth Econometrics (2005)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)What Do a Million Observations on Banks Say About the Transmission of Monetary Policy? (2000)
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References

  • 1988The Dynamic Effects of Aggregate Demand and Supply Disturbances3,940 cited
  • 1983Oil and the Macroeconomy since World War II3,823 cited
  • 1989The federal funds rate and the channels of monetary transmission2,833 cited
  • 1990Inference in Linear Time Series Models with some Unit Roots2,561 cited
  • 2005What are the effects of monetary policy on output? Results from an agnostic identification procedure2,303 cited
  • 1998Monetary policy rules in practice2,206 cited
  • 1996Advanced macroeconomics2,005 cited
  • 1992Interpreting the macroeconomic time series facts1,858 cited
  • 1998Measuring Monetary Policy1,643 cited
  • 1997Systematic Monetary Policy and the Effects of Oil Price Shocks1,594 cited
  • 1995Some Empirical Evidence on the Effects of Shocks to Monetary Policy on Exchange Rates1,127 cited
  • 1996What Does Monetary Policy Do?1,081 cited
  • 1998Bayesian Methods for Dynamic Multivariate Models1,011 cited
  • 1990Handbook of monetary economics961 cited
  • 2000Exchange rate anomalies in the industrial countries: A solution with a structural VAR approach916 cited
  • 2002

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Monetary disturbances matter for business fluctuations in the G-7
749 cited

Cited by

  • 2014THE INTERNATIONAL DIMENSION OF PRODUCTIVITY AND DEMAND SHOCKS IN THE US ECONOMY82 cited
  • 2012Identifying sources of macroeconomic and exchange rate fluctuations in the UK64 cited
  • 2012Transmission Lags of Monetary Policy: A Meta-Analysis60 cited
  • 2008Bank competition and monetary policy58 cited
  • 2010Sign Restrictions in Structural Vector Autoregressions: A Critical Review57 cited
  • 2014The Macroeconomic Effects of Monetary Policy: A New Measure for the United Kingdom53 cited
  • 2017Shocks versus Structure: Explaining Differences in Exchange Rate Pass-Through across Countries and Time48 cited
  • 2016Monetary Policy Transmission in an Open Economy: New Data and Evidence from the United Kingdom46 cited
  • 2018The Shocks Matter: Improving Our Estimates of Exchange Rate Pass-Through44 cited
  • 2005MEASURING MONETARY POLICY IN THE UK: A FACTOR‐AUGMENTED VECTOR AUTOREGRESSION MODEL APPROACH37 cited
  • 2020Drawing conclusions from structural vector autoregressions identified on the basis of sign restrictions36 cited
  • 2010The Relative Importance of Symmetric and Asymmetric Shocks: The Case of United Kingdom and Euro Area*33 cited
  • 2022The narrative approach for the identification of monetary policy shocks in a small open economy31 cited
  • 2012What Drives Credit Growth in Emerging Asia?29 cited
  • 2015The influences of international output shocks from the US and China on ASEAN economies23 cited
  • 2020A History of Aggregate Demand and Supply Shocks for the United Kingdom, 1900 to 201622 cited