CAPACITY AND ASYMMETRIES IN MONETARY POLICY
Impulse Responses to a 1% Shock in Money Growth Rate
1,5
0,5
37
1 3 5 7 9
Quarters
Figure 9a: Mark Up
Impact Effect due to a 1% Shock in Money Growth Rate
1,4
0,4
1,2
1
0,8
0,6
0,65 0,72 0,78 0,83 0,86 0,89 0,92 0,95
Capacity Utilization Rate
Figure 9b: Mark Up