New Evidence on the Puzzles. Results from
Agnostic Identification on Monetary Policy
and Exchange Rates.*
Almuth Scholl
Humboldt Universitat zu Berlin
and Harald Uhlig
Humboldt Universitat zu Berlin
Deutsche Bundesbank, CentER and CEPR
This revision: July 10, 2005
* Address: Humboldt Universitat zu Berlin, Wirtschaftswissenschaftliche Fakultat,
Spandauer Str. 1, 10178 Berlin, GERMANY. e-mail: [email protected],
[email protected], fax: +49-30-2093 5934, home page http://www.wiwi.hu-
berlin.de/wpol/. This research was supported by the Deutsche Forschungsgemeinschaft
through the SFB 649 “Economic Risk” and by the RTN network MAPMU. We are grateful
to comments received at MIT and at the ”Macroeconomics and Reality: 25 years later”
conference in Barcelona, April 2005.
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