Listar COFIN_Articles por autoría "bc05aa06-c7d7-4536-8842-5e33af483099"
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Disentangling permanent and transitory monetary shocks with a nonlinear Taylor rule
Lafuente-Luengo, Juan Angel; Monfort Bellido, Mercedes; Pérez, Rafaela; Ruiz, Jesus De Gruyter (2021)This article provides an estimation method to decompose monetary policy innovations into persistent and transitory components using the nonlinear Taylor rule proposed in Andolfatto, Hendry, and Moran (2008) [Are inflation ...