TY  - RPRT
AU  - Lafuente, Juan A.
AU  - Pérez, Rafaela M.
AU  - Ruiz, Jesús
PY  - 2018
SN  - 2341-2356
UR  - https://hdl.handle.net/20.500.14352/17436
AB  - This paper provides an estimation method to decompose monetary policy innovations into persistent and transitory components using the non-linear Taylor rule proposed in Andolfatto et al. [Journal of Monetary Economics 55 (2008) 406–422]. In order to...
LA  - eng
KW  - Monetary shocks
KW  - Kalman filter
KW  - Particle filter
KW  - Taylor rule.
TI  - Disentangling permanent and transitory monetary shocks with a non-linear Taylor rule
TY  - technical report
VL  - 2018
ER  -