Jeon, Yongil (contributor); Miller, Stephen M. (contributor) - 2004 - [Elektronische Ressource]
national monetary policy affects regional non-
financial variables. Most studies adopt a St. Louis reduced-form equation …, Mathur and Stein 1980, 1983, Garrison and
Kort 1983).
3
Those studies generally find regional differences in the effects of … such
regional spillover effects. For example, Carlino and DeFina argue “A shortcoming with existing
studies is their …