The effect of monetary policy on output in EMU3: A sign restriction approach

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FISCAL POLICY AND ASSET PRICES (2013, unknown): “These extraordinary measures took place in a very rare environment and, despite the challenges they pose in terms of business cycle de-synchronization (Rafiq and Mallick, 2008; Mallick and Mohsin, 2010), the nexus between monetary and financial stability (Granville and Mallick, 2009; Sousa, 2010a), ”
What are the effects of fiscal policy on asset markets (2011, background): “Moreover, they may lead to business cycle de-synchronization (Rafiq and Mallick, 2008; Mallick and Mohsin, 2007, 2010) or negatively affect the nexus betweenmonetary and financial stability (Castro, forthcoming; Granville and Mallick, 2009b; Sousa, 2010a).”
The real effects of financial stress in the Eurozone (2013, background): “…on the other hand play a modest role in output fluctuations for the Euro area in line with the earlier results in the literature, for example, Rafiq and Mallick (2008) for the three largest Euro area countries. monetary and finance shocks identified on the basis of Sign-Restrictions in order…”
Do Euro Area Countries Respond Asymmetrically to the Common Monetary Policy (2014, unknown): “In spite of some exceptions (Clements et al., 2001; Ciccarelli and Rebucci, 2006; Rafiq and Mallick, 2008), a substantial consensus is reached by these studies on excluding asymmetric effects of monetary policy across member states.”