Tesi di laurea specialistica
An analysis of the monetary policy transmission mechanism in the United States using structural dynamic factor models
Corso di studi
relatore Dott. Bianchi, Carlo Luigi
- modelli a fattori
- politica monetaria
Data inizio appello
With this project we propose to analyse the monetary policy transmission mechanism in the<br>United States using structural dynamic factor models. More precisely, we would like to investigate<br>the impact that policy has on financial and monetary aggregates in order to find evidence<br>of the existence of a broad credit channel, thought as an amplification factor of the more traditional<br>interest-rate and exchange-rate channels through which monetary policy is assumed to<br>affect the real economy.