Monetary Policy Effectiveness in the Face of Uncertainty: The Real Macroeconomic Impact of a Monetary Policy Shock in South Africa during High and Low Uncertainty States
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More about this item
Keywords
Financial Markets; Generalized Impulse Response Function; Inflation; Monetary policy shocks; Non-Linear Self-Exciting Interacted Vector Auto-Regressions; Uncertainty;All these keywords.
JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AFR-2023-10-23 (Africa)
- NEP-CBA-2023-10-23 (Central Banking)
- NEP-MAC-2023-10-23 (Macroeconomics)
- NEP-MON-2023-10-23 (Monetary Economics)
Statistics
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