Search Results - subject:"impulse response"

Quantifying the fiscal channel of monetary policy

Kurcz, Frederik - 2025

In macroeconomic models featuring borrowing-constrained agents, the effects of monetary policy depend on the fiscal reaction to interest rate changes. This paper presents new evidence on the dynamic causal effects of U.S. monetary policy shocks on fiscal instruments and estimates a Heterogeneous...

Persistent link: https://www.econbiz.de/10015333667

Examining the financial development channels affecting economic growth in Turkey

Demirhan, Banu - In: Ekonomika 104 (2025) 1, pp. 48-69

analysis also included impulse response functions. Our study reveals that financial development contributes to economic growth …

Persistent link: https://www.econbiz.de/10015435651

Examining the financial development channels affecting economic growth in Turkey

Demirhan, Banu - In: Ekonomika : mokslo žurnalas 104 (2025) 1, pp. 48-69

analysis also included impulse response functions. Our study reveals that financial development contributes to economic growth …

Persistent link: https://www.econbiz.de/10015359717

Does economic policy uncertainty matter to corporate default probability? : findings from theoretic analyses and China’s listed firms

Liu, Junrong; Deng, Guoying; Yan, Jingzhou; Ma, Shibo - In: The North American journal of economics and finance : a … 75 (2025) 1, pp. 1-27

Persistent link: https://www.econbiz.de/10015359884

Inference of impulse responses via Bayesian graphical structural VAR models

Ahelegbey, Daniel Felix - In: Econometrics : open access journal 13 (2025) 2, pp. 1-20

Impulse response functions (IRFs) are crucial for analyzing the dynamic interactions of macroeconomic variables in … more accurate impulse response estimation. The BGSVAR framework provides a more efficient and interpretable method for … and Bayesian VAR (BVAR), by delivering more precise impulse response estimates and better capturing the structural …

Persistent link: https://www.econbiz.de/10015437129