Kugler, Peter; Jordan, Thomas J. - In: Swiss Journal of Economics and Statistics (SJES) 140 (2004) I, pp. 67-87
This paper estimates a structural VAR model for Switzerland consisting of key macroeconomic variables with quarterly data from 1974 to 2002, which allows the identification of a monetary policy shock with plausible impulse response patterns. Conditional forecasts generated by this model are used...