Bernanke, Ben S.; Mihov, Ilian - Federal Reserve Bank of San Francisco - 1995
Extending the approach of Bernanke and Blinder (1992), Strongin (1992), and Christano, Eichenbaum, and Evans (1994a … our framework). Among existing approaches, we find that innovations to the federal funds rate (Bernanke-Blinder) are a …