Mehdi Naji

Department of Economics, University of California, Riverside, USA

[ 1 ] - Durable Goods and Sectoral Effects of Monetary Policy

High degree of interest sensitivity of durable goods is now a stylized fact in the literature of monetary policy. This literature, however, does not provide a clear and consensual explanation for the modalities of this stylized fact. In this paper, two independent empirical models are performed to shed more light on the cross-sectoral impacts of monetary policy. The results of first study indic...

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