What are the effcts of monetary policy on output? results from an agnostic identification procedure
Article Abstract:
A study conducted to estimate the effects of monetary policy shocks by a new agnostic method, imposing sign restrictions on the impulse responses of prices, nonborrowed reserves and the federal funds rate in response to a monetary policy shock are presented.
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2005
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On the optimal progressivity of the income tax code
Article Abstract:
Factors affecting progressive taxation, using dynamic equilibrium, are examined.
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
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