Regional VARS and the channels of monetary policy
By: by Michael T. Owyang and Howard J. Wall
Contributors: Wall, Howard J.; Federal Reserve Bank of St. Louis
Series: Working paper -- 2006-002A; Working paper (Federal Reserve Bank of St. Louis : Online) -- 2006-002A.
Publisher: Federal Reserve Bank of St. Louis
Published: 2006
Place of publication: St. Louis, Mo.]
Language: eng
Format: [electronic resource] /
Subjects: Monetary policy
Description: "We find that the magnitudes of the regional effects of monetary policy were considerably dampened during the Volcker-Greenspan era.  Further, regional differences in the depths of monetary-policy-induced recessions are related to the concentration of the banking sector, whereas differences in the total cost of these recessions are related to industry mix"--Federal Reserve Bank of St. Louis web site.
Notes: Title from PDF file as viewed on 6/29/2006.

Includes bibliographical references.

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Mode of access: World Wide Web.