CEE_2005_impulse_response_functions.png


Summary

Description
English: Impulse response functions for output, inflation, consumption, and real interest rates in response to a one standard deviation shock to monetary policy over 20 quarters. The model used was presented in Christiano, Eichenbaum, and Evans (2005) "Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy." Based on Roberto Croce's implementation of the model in Dynare. http://web.econ.ohio-state.edu/~croce/codes.html .
Date
Source Own work
Author Bkwillwm

Licensing

I, the copyright holder of this work, hereby publish it under the following licenses:
w:en:Creative Commons
attribution share alike
This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.
You are free:
  • to share – to copy, distribute and transmit the work
  • to remix – to adapt the work
Under the following conditions:
  • attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  • share alike – If you remix, transform, or build upon the material, you must distribute your contributions under the same or compatible license as the original.
GNU head Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License , Version 1.2 or any later version published by the Free Software Foundation ; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. A copy of the license is included in the section entitled GNU Free Documentation License .
You may select the license of your choice.

Captions

Add a one-line explanation of what this file represents

Items portrayed in this file

depicts

7 October 2013

image/png

db743098bfb1c8d1dd8ed2495d15c74ed74db21c

72,379 byte

683 pixel

972 pixel