Credit Markets and the Propagation of Monetary Policy Shocks



Appendix B: Tables and Figures

Table 1

Regression of policy variables on monetary shock

Dependent variable, y(t)

FEDSEC NBR

constant

2.2433

(5.914)

0.5935

(1.637)

y(t-1)

-0.1154

0.2764

(-1.227)

(1.385)

y(t-2)

0.0837

-0.2190

(0.966)

(-1.764)

y(t - 3)

-0.0092

0.0887

(-0.136)

(0.981)

y(t-4)

-0.1388

0.0927

(-1.662)

(0.919)

Monetary shock

0.4925

0.8070

(3.436)

(2.959)

Results from OLS regression of variable y(t) on four lags and
the monetary shock. T-statistics based on White’s heteroske-
dasticity consistent variance matrix in parenthesis.

30



More intriguing information

1. The name is absent
2. Public Debt Management in Brazil
3. National urban policy responses in the European Union: Towards a European urban policy?
4. The name is absent
5. Fiscal Insurance and Debt Management in OECD Economies
6. TINKERING WITH VALUATION ESTIMATES: IS THERE A FUTURE FOR WILLINGNESS TO ACCEPT MEASURES?
7. he Virtual Playground: an Educational Virtual Reality Environment for Evaluating Interactivity and Conceptual Learning
8. THE CHANGING RELATIONSHIP BETWEEN FEDERAL, STATE AND LOCAL GOVERNMENTS
9. The Impact of Cognitive versus Affective Aspects on Consumer Usage of Financial Service Delivery Channels
10. The name is absent