Dees, Stephane; Mauro, Filippo di; Pesaran, M. Hashem; … - CESifo - 2005
the monetary policy shocks, and consider the time profiles of their effects on the euro area. To this end we include the … US model as the first country model and consider alternative orderings of the US variables. Further to the US monetary … policy shock, we also consider oil price, US equity and US real output shocks. …