collaborators

1 paper

econ.EM2025

Assessing the Effects of Monetary Shocks on Macroeconomic Stars: A SMUC-IV Framework

Bowen Fu, Chenghan Hou, Jan Prüser

This paper proposes a structural multivariate unobserved components model with external instrument (SMUC-IV) to investigate the effects of monetary policy shocks on key U.S. macroe…