The asymmetric effects of monetary policy shocks on the economy and the role of uncertainty and bad economic times

• Main Author: Δεληγιάννη, Κατερίνα
• Other Authors: Deligianni, Katerina
• Language: English
• Published: 2021
• Subjects: Monetary policy; Uncertainty; Interacted panel VAR; Recession; Νομισματική πολιτική; Αβεβαιότητα; Οικονομική ύφεση

This study aims to examine the asymmetric effects of a monetary policy shock on the European economy and how these effects are influenced by the presence of uncertainty and the bad economic times (recessions). Via the implementation of the interacted panel VAR approach, is tested how the regimes of...