In this paper, we propose a Bayesian VAR model to examine the short term effects of monetary policy shocks on the Italian economy. Firstly, our BVAR model uses the Cholesky decomposition to identify four kinds of macroeconomic shocks, namely, supply, demand, interest rate and monetary shocks....

This study provides evidence on the interactions among four interconnected firm performance profiles: environmental performance (environmental score and pollutant emissions), production technical efficiency, firm market power, and firm market value. We employ two sophisticated econometric...