On the Transmission of Monetary Policy Shocks

By Kevin X. D. Huang, Zheng Liu, L. Phaneuf. 2001

486 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/dc3a5a7dc027190561833de16b4bac44dcb112cf

Citations in the corpus

• Financial Heterogeneity and the Investment Channel of Monetary Policy (2018, unknown): “3 shows that the results hold when controlling for the information channel of monetary policy using Greenbook forecast revisions (following Miranda-Agrippino and Ricco (2019)) and that the results hold when we start the sample in 1994 rather than 1990.”
• Delphic and odyssean monetary policy shocks: Evidence from the euro area (2018, unknown): “Miranda-Agrippino and Ricco (2017) propose removing the component of the interest rate variations that are predictable based on the central bank forecasts and forecast revisions and use the residual as a proxy for the monetary policy shock.”
• The Time-Varying Effect of Monetary Policy on Asset Prices (2017, unknown): “…Fisher, and Justiniano (2012), Campbell, Fisher, Justiniano, and Melosi (2017), Cieslak and Schrimpf (2018), Lakdawala (2017), Jarocinski & Karadi (2018), and Miranda-Agrippino & Ricco (2017) for alternative approaches to identifying the importance or reducing the influence of information shocks.”
• Identification and Estimation of Dynamic Causal Effects in Macroeconomics Using External Instruments (2018, unknown): “Miranda-Agrippino and Ricco (2017) smooth LP IRFs by shrinking them towards SVAR IRVs.”
• Staggered Price-Setting, Staggered Wage-Setting, and Business Cycle Persistence (2002, unknown): “In fact, the recent work by Christiano, Eichenbaum, and Evans (1997) and Huang, Liu, and Phaneuf (2000) suggests that it is unlikely for a single-friction model to provide a complete account of the real effects of monetary shocks.”