Effects of US Monetary Policy Shocks during Financial Crises A Threshold Vector Autoregression Approach
نویسندگان
چکیده
منابع مشابه
Financial Crises: Prevention, Correction, and Monetary Policy
The financial crisis that surfaced in 2007 has stressed the need to identify the ultimate sources of the incentives that were behind the preceding credit and housing bubbles. To lower the likelihood of future financial collapses, prudent economic policies as well as an adequate regulatory and supervisory framework for financial institutions are required. Monetary policy, in turn, should be dire...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2016
ISSN: 1556-5068
DOI: 10.2139/ssrn.2777283