| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6808 |
| DP6808 On the Optimal Production Capacity for Influenza Vaccine | |
| Rikard Forslid; Mathias Herzing | |
| 发表日期 | 2008-04-25 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | This paper studies the responses of residential property and equity prices, inflation and economic activity to monetary policy shocks in 17 countries, using data spanning 1986-2006. We estimate VARs for individual economies and panel VARs in which we distinguish between groups of countries on the basis of the characteristics of their financial systems. The results suggest that using monetary policy to offset asset price movements in order to guard against financial instability may have large effects on economic activity. Furthermore, while financial structure influences the impact of policy on asset prices, its importance appears limited. |
| 主题 | International Macroeconomics |
| 关键词 | Asset prices monetary policy Panel var |
| URL | https://cepr.org/publications/dp6808 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535646 |
| 推荐引用方式 GB/T 7714 | Rikard Forslid,Mathias Herzing. DP6808 On the Optimal Production Capacity for Influenza Vaccine. 2008. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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