Jithin, P.; Suresh, Babu M. - In: Journal of central banking theory and practice 9 (2020) 3, pp. 163-182
Employing Factor Augmented Vector Autoregression (FAVAR) model where factors are obtained using the principal component analysis (PCA) and the parameters of the model are estimated using Vector Autoregression framework, we analyse how changes in monetary policy variables impact inflation,...
