Monetary Policy is Not Always Systematic and Data-Driven: Evidence from the Yield Curve

Author:

Bulíř AlešORCID,Vlček Jan

Publisher

Springer Science and Business Media LLC

Subject

Economics and Econometrics

Reference26 articles.

1. Adrian T, Crump RK, Moench E (2013) Pricing the term structure with linear regressions. J Financ Econ 110(1):110–138

2. Ang A, Boivin J, Dong S, Loo-Kung R (2011) Monetary policy shifts and the term structure. Rev Econ Stud 78(2):429–457

3. Ang A, Piazzesi M (2003) A no-arbitrage vector autoregression of term structure dynamics with macroeconomic and latent variables. J Monet Econ 50:745–787

4. Bernanke B, Boivin J, Eliasz P (2005) Measuring the effects of monetary policy: A factor-augmented vector autoregressive (FAVAR) approach. Q J Econ 120:387–422

5. Berg A, Charry L, Portillo RA, Vlček J (2013) The monetary transmission mechanism in the tropics: A narrative approach, IMFWP/13/197. International Monetary Fund, Washington, DC

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