Can I study the issue of monetary shocks from the angle of monetary policy channels?

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Ionut Jianu

Maybe try to use a SVAR using data for real GDP, interest rate and price deflator.

Search for this approach and follow the steps.

Wail Rezki

Thank you professor, but is there a theoretical rooting for the issue of the mechanism of the transmission of monetary policy shocks? What do you think of monetary policy channels? Is it compatible with him in theory?

Piotr Łasak

I wonder if you consider only the traditional monetary policy or the QE policy as well. I think that the QE approach is very good for considering the monetary shocks...