Philip Liu

Author

Staff working papers

Changes in the Effects of Monetary Policy on Disaggregate Price Dynamics

Staff Working Paper 2012-13 Christiane Baumeister, Philip Liu, Haroon Mumtaz
We examine the evolution of the effects of monetary policy shocks on the distribution of disaggregate prices and quantities of personal consumption expenditures to assess the contribution of monetary policy to changes in U.S. inflation dynamics.
Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Monetary policy transmission JEL Code(s): E, E3, E30, E32

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