Essays about: "Zero and sign restrictions"

Found 3 essays containing the words Zero and sign restrictions.

  1. 1. How does the Weakened Swedish Krona Impact the Inflation? A Bayesian VAR Analysis of Exchange Rate Pass-Through

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Ebba Wallin; [2023]
    Keywords : Exchange rate pass-through; Consumer price inflation; Frequency of price adjustment; Import price inflation; Bayesian vector autoregression; Business and Economics;

    Abstract : Exchange rate pass-through to prices differ depending on the underlying shock. Furthermore, the mechanisms causing inflation behave diversely, conditional on why the exchange rate fluctuates. This paper investigates how prices react relative to the exchange rate movements, i.e. READ MORE

  3. 2. Determinants of Inflation - Evidence from Sweden

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Gustav Sundén; Emanuel Skeppås; [2022]
    Keywords : Bayesian Vector Autoregression; Structural Vector Autoregression; New Keynesian Phillips Curve; Inflation; Sign and Zero Restrictions; Business and Economics;

    Abstract : This thesis examines what have been the main drivers of inflation in Sweden in recent years. This is done through the New Keynesian Phillips Curve with marginal cost which serves as the theoretical background to explain inflationary behavior. READ MORE

  4. 3. Houses, we have a problem!

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : David Grahn; Stefania Mammos; [2021]
    Keywords : Unconventional monetary policy; House prices; BSVAR; Cholesky decomposition; Zero and sign restrictions; Business and Economics;

    Abstract : This thesis investigated how expansionary unconventional monetary policies affect house prices in the Scandinavian countries, using quarterly data from 1995 to 2020. Unconventional monetary policy, such as quantitative easing and forward guidance, has become widely used by central banks, in order to stimulate the economy when being in a zero lower bound environment. READ MORE