Essays about: "Giorgio Vocalelli"

Found 1 essay containing the words Giorgio Vocalelli.

  1. 1. New-Fisherian Transmission of a Monetary Policy Shock: a Swedish analysis

    University essay from Göteborgs universitet/Graduate School

    Author : Giorgio Vocalelli; [2018-07-03]
    Keywords : New-Fisherianism; New Keynesian Model; Inflation; Nominal Interest Rate; Monetary Policy Shock; Bayesian Estimation;

    Abstract : In the aftermath of the Great Recession, central banks had to deal with stubborn low inflation. Therefore, as suggested by the mainstream literature, represented by the Taylor rule, they have reduced nominal interest rate until the Zero Lower Bound (ZLB). However, inflation remained low and stable. READ MORE