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Monetary policy, oil shocks, and TFP: accounting for the decline in U.S. volatility
Leduc, Sylvain; Sill, Keith - Federal Reserve Bank of Philadelphia - 2003
The volatility of the U.S. economy since the mid-1980s is much lower than it was during the prior 20-year period. The …
Persistent link: https://www.econbiz.de/10005512276
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The optimal response of monetary policy to oil price shocks
DeFina, Robert H.; Taylor, Herbert E. - Federal Reserve Bank of Philadelphia - 1989
Persistent link: https://www.econbiz.de/10005717408
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Monetary policy and oil price shocks: empirical implications of alternative responses
DeFina, Robert H.; Taylor, Herbert E. - Federal Reserve Bank of Philadelphia - 1992
Persistent link: https://www.econbiz.de/10005717420