Work

The Output Composition Puzzle: A Difference in the Monetary Transmission Mechanism in the Euro Area and U.S.

Year: 2003

Type: report

Abstract: Flint Brayton and Chris Erceg are thanking for running the FRB/US simulations that we report.Frank Smets and Raf Wouters are thanked for sharing with us the programs with which we ran simulations of the Smets-Wouters DSGE model.We also thank Jennifer Roush for assistance in calculating the standard errors in the Gordon and Leeper model and Andrea Gerali

Source: National Bureau of Economic Research

DOI: 10.3386/w9985

Authors: Ignazio Angeloni, Anil K. Kashyap, Benoit Mojon, Daniele Terlizzese

Institutions: Ministero dell'Economia e delle Finanze, National Bureau of Economic Research, University of Chicago, Federal Reserve Bank of Chicago, Banque de France, Bank of Italy

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

Funders: National Science Foundation, University of Chicago

OpenAlex ID: W2158686541

Cites: 57

Cited by: 97

Related to: 10