Search Results - subject:"Agnostic Identification"

New Evidence on the Puzzles: Monetary Policy and Exchange Rates

Scholl, Almuth; Uhlig, Harald - Society for Computational Economics - SCE - 2006

Past empirical research on monetary policy in open economies has found the â€œdelayed overshootingâ€, the â€œforward discountâ€ and the â€œexchange rateâ€ puzzles. We revisit the effects of monetary policy on exchange rates by applying Uhlig's (2005) identification procedure...

Persistent link: https://www.econbiz.de/10005342942

New evidence on the puzzles: Results from agnostic identification on monetary policy and exchange rates

Scholl, Almuth; Uhlig, Harald - 2005

Past empirical research on monetary policy in open economies has found evidence of the 'delayed overshooting', the 'forward discount' and the 'exchange rate' puzzles. We revisit the effects of monetary policy on exchange rates by applying Uhlig's (2005) identification procedure that involves...

Persistent link: https://www.econbiz.de/10010263593

What are the effects of fiscal policy shocks?

Mountford, Andrew; Uhlig, Harald - 2005

We propose and apply a new approach for analyzing the effects of fiscal policy using vector autoregressions. Unlike most of the previous literature this approach does not require that the contemporaneous reaction of some variables to fiscal policy shocks be set to zero or need additional...

Persistent link: https://www.econbiz.de/10010263594

New Evidence on the Puzzles. Results from Agnostic Identification on Monetary Policy and Exchange Rates.

Scholl, Almuth; Uhlig, Harald - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2005

. Results from Agnostic Identification on Monetary Policy and Exchange Rates.∗ Almuth Scholl Humboldt Universit¨at zu Berlin and … autoregressions, agnostic identification, forward dis- count bias puzzle, exchange rate puzzle, exchange rates, monetary policy JEL … SFB 649 Discussion Paper 2005-037 New Evidence on the Puzzles. Results from Agnostic …

Persistent link: https://www.econbiz.de/10005652771

What are the Effects of Fiscal Policy Shocks?

Mountford, Andrew; Uhlig, Harald - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2005

Persistent link: https://www.econbiz.de/10005677998

Do House Prices Impact Consumption and Interest Rate? Evidence from OECD Countries using an Agnostic Identification Procedure

Andre, Christophe; Gupta, Rangan; Kanda, Patrick T. - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 58 (2012) 1, pp. 19-70

through the recursive Choleski decompostion and, subsequently by using Uhlig’s (2005) agnostic identification procedure. The …

Persistent link: https://www.econbiz.de/10010639468

Do House Prices Impact Consumption and Interest Rate?: Evidence from OECD Countries Using an Agnostic Identification Procedure

André, Christophe; Gupta, Rangan; Kanda, Patrick T. - Economics Department, Organisation de Coopération et … - 2012

seven major OECD countries using Uhlig's (2005) agnostic identification procedure. This method allows a housing demand shock …

Persistent link: https://www.econbiz.de/10011277019

Do House Prices Impact Consumption and Interest Rate? Evidence from OECD Countries using an Agnostic Identification Procedure

Andre, Christophe; Gupta, Rangan; Kanda, Patrick T. - Department of Economics, Faculty of Economic and … - 2011

seven major OECD countries using Uhlig's (2005) agnostic identification procedure. This method allows identifying a housing …

Persistent link: https://www.econbiz.de/10009323420

New evidence on the puzzles : Results from agnostic identification on monetary policy and exchange rates

Scholl, Almuth; Uhlig, Harald - 2008

, H., 2005a. What are the effects of monetary policy on output? Results from an agnostic identification procedure. Journal …

Persistent link: https://www.econbiz.de/10009471690

What are the Effects of Fiscal Policy Shocks?

Mountford, Andrew; Uhlig, Harald - C.E.P.R. Discussion Papers - 2002

We investigate the effects of fiscal policy surprises for US data, using vector autoregressions. We overcome the difficulties that changes in fiscal policy may manifest themselves in variables other than fiscal variables first and that fiscal variables may respond ‘automatically’ to business...

Persistent link: https://www.econbiz.de/10005124017