Publication
Jan 2014
This paper uses IV-Tobit regression to estimate monetary policy responses for Japan, the US and the Euro area. It also looks at how estimates using this approach can be interpreted and what the the limitations of the approach are.
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English (PDF, 26 pages, 933 KB) |
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| Author | Konstantin Kiesel, Maik H Wolters |
| Series | Kiel Institute Working Papers |
| Issue | 1898 |
| Publisher | Kiel Institute for the World Economy |
| Copyright | © 2014 Kiel Institute for the World Economy |