Sousa, Joao Miguel; Zaghini, Andrea - Center for Financial Studies - 2006
, Euro area, Japan, UK, and Canada), and analyses its indicator properties for global output and inflation. Using a … structural VAR approach we find that after a monetary policy shock output declines temporarily, with the downward effect reaching … of the effects of monetary policy in the
individual countries of the Euro Area. In: Angeloni, I., Kashyat, A., Mojon, B …