Autor:
Pedersen, Michael
Economic theory argues that a contractionary monetary policy has a negative impact on inflation. Despite this, evidence from the empirical literature frequently finds that the estimated impulse-response function of a vector autoregressive (VAR) model implies that inflation increases after an unex...
Enlace original:
https://repositoriodigital.bcentral.cl/handle/20.500.12580/4860https://repositoriodigital.bcentral.cl/handle/20.500.12580/4860
Pedersen, Michael
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[Revisiting the price puzzle in Chile]
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Revisiting the price puzzle in Chile