Borys, Magdalena M.; Horvath, Roman - 2008
sensitivity tests, we find that contractionary monetary policy shock has a negative effect on the degree of economic activity and …-1161.
Barro, R. (1972): A Theory of Monopolistic Price Adjustment, Review of Economic Studies, pp. 17-
26.
Barth, M.J. and V … Monetary Transmission Mechanism:
A VAR Approach, Federal Reserve Bank of San Francisco Economic Policy Review, 8/1, pp. 97 …