Essays about: "Sebastian Fux"

Found 1 essay containing the words Sebastian Fux.

  1. 1. Measuring Monetary Policy - A Theoretical Foundation and an Application of the Factor Augmented Vector Autoregressive Approach

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Sebastian Fux; [2008]
    Keywords : monetary policy; VAR model; Principal Component Analysis; Economics; econometrics; economic theory; economic systems; economic policy; Nationalekonomi; ekonometri; ekonomisk teori; ekonomiska system; ekonomisk politik; Business and Economics;

    Abstract : This essay uses the Factor Augmented Vector Autoregressive (FAVAR) approach to quantify the effects of monetary policy. Traditional methods to estimate the effects of monetary policy, such as Vector Autoregressive (VAR) models, have yielded unsatisfactory results, mainly due to sparse information sets included in the models. READ MORE