Updated Miranda-Agrippino and Ricco (2021)'s IV for monetary policy shocks
This GitHub Repository contains time series at monthly frequency of the high-frequency instruments for monetary policy and information...
Analysing inflation with semi-structural models
This chapter has been prepared for the Research Handbook of Inflation (Edward Elgar Publishing). It explores semi-structural time series...
Trouble Every Day: Monetary Policy in an Open Emerging Market
Four factors drive the high-frequency impact of monetary policy announcements in South Africa: affecting short-, mid-, and long-term...
#SARBbiennial - Session 1: Back to target? Monetary policy in advanced economies
Policy panel at the 2023 South African Reserve Bank biennial conference My slides
Bayesian Local Projections
Accepted at Review of Economics and Statistics Code [GitHub] We propose a Bayesian approach to Local Projections that optimally addresses...
The Global Transmission of U.S. Monetary Policy
New Working Paper (Jan 2022) US monetary policy shapes economic conditions globally due to the dominant role of the dollar in the world...
External Instrument SVAR Analysis for Noninvertible Shocks
We propose a novel external-instrument SVAR procedure to identify and estimate the impulse response functions, regardless of the shock...
Monetary-Fiscal Crosswinds in the European Monetary Union
Accepted at the European Economic Review Final draft Appendix Replica Code [ZIP] BIS working paper VoxEu column "Fiscal-monetary...
CEPR Webinar on Central Bank Communication and Information Effects
My slides for the CEPR Webinar on Central Bank Communication and Information Effects
Monitoring the Economy in Real-Time: Trends and Gaps in Real Activity and Prices
Paper on ArXiv A mixed-frequency semi-structural model is used for estimating unobservable quantities such as the output gap, the...
Identification with External Instruments in Structural VARs
Journal of Monetary Economics Volume 135, April 2023, Pages 1-19 IV methods have become the leading approach to identify the effects of...
The ECB strategy: The 2021 review and its future
The CEPR Report "The ECB strategy: The 2021 review and its future" Download the the Book Our VoxEu blog piece From the CEPR website: The...
