Tag: Sign restrictions
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Sign and Narrative Restrictions in SVAR with Stata
Today I will present you VAR_NR, a Stata module to estimate set identified Structural VAR. This toolbox has been provided by Abigail Kuchek, Jonah Danziger and Christoffer Koch.…
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Is Quantitative Easing Productive? The Role of Bank Lending in the Monetary Transmission Process
NEW WORKING PAPER: The European Central Bank’s (ECB) quantitative easing (QE) program was supposed to stimulate the real economy and be able to control inflation rates.…