Were There Regime Switches in U.S. Monetary Policy?
Work
Year: 2006
Type: article
Abstract: A multivariate regime-switching model for monetary policy is confronted with U.S. data. The best fit allows time variation in disturbance variances only. With coefficients allowed to change, the best ... more
Source: American Economic Review
Authors Christopher A. Sims, Tao Zha
Institutions Princeton University, Federal Reserve Bank of Atlanta
Cites: 69
Cited by: 1,502
Related to: 10
FWCI: 88.06
Citation percentile (by year/subfield): 99.99
Domain: Social Sciences
Sustainable Development Goal Decent work and economic growth
Open Access status: green