Insights into the Price Puzzle: The Impact of Main Refinancing Operations (MRO) Rate and Unconventional Monetary Policy.
This paper utilizes a Structural Vector Autoregressive model (SVAR) to explore the intricacies of monetary policy and inflation dynamics in the Eurozone. When examining conventional monetary policy, impulse reactions reveal a positive price response to positive interest rate innovations, contrary t...
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| Format: | Article |
| Language: | English |
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Università degli Studi di Urbino Carlo Bo
2024-04-01
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| Series: | Argomenti: Rivista di Economia, Cultura e Ricerca Sociale |
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| Online Access: | https://journals.uniurb.it/index.php/argomenti/article/view/4528 |