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Bayesian inference in proxy SVARs with incomplete identification: Re-evaluating the validity of monetary policy instruments
16 references·1 citing·35 second hopsampled
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References

  • 1980Macroeconomics and Reality12,826 cited
  • 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
  • 2004A New Measure of Monetary Shocks: Derivation and Implications1,621 cited
  • 2006Were There Regime Switches in U.S. Monetary Policy?1,607 cited
  • 2004Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements1,566 cited
  • 1999Chapter 2 Monetary policy shocks: What have we learned and to what end?1,484 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 Propagation1,265 cited
  • 2013The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States1,022 cited
  • 2019Structural Interpretation of Vector Autoregressions with Incomplete Identification: Revisiting the Role of Oil Supply and Demand Shocks917 cited
  • 2009Structural Vector Autoregressions: Theory of Identification and Algorithms for Inference901 cited

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  • 2012Disentangling the Channels of the 2007–09 Recession838 cited
  • 2002Monetary disturbances matter for business fluctuations in the G-7749 cited
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    • 2020Drawing Conclusions from Structural Vector Autoregressions Identified on the Basis of Sign Restrictions8 cited