• Has the Fed Responded to House and Stock Prices? A Time-Varying Analysis 

      Aastveit, Knut Are; Furlanetto, Francesco; Loria, Francesca (Journal article; Peer reviewed, 2021)
      We investigate whether the Federal Reserve has responded systematically to house and stock prices and whether this response has changed over time using a Bayesian structural VAR model with time-varying parameters and ...
    • How to Attract Physicians to Underserved Areas? Policy Recommendations from a Structural Model 

      Sanches, Fabio Miessi; Costa, Francisco; Nunes, Leticia (Journal article; Peer reviewed, 2021)
      This paper exploits location choices of all generalist physicians graduated in Brazil between 2001 and 2013 to study policies aiming at increasing the supply of physicians in underserved areas. We set up and estimate a ...
    • Inflation expectations and the pass-through of oil prices 

      Cross, Jamie; Bjørnland, Hilde C; Aastveit, Knut Are (Journal article; Peer reviewed, 2021)
      Inflation expectations and the associated pass-through of oil price shocks depend on demand and supply conditions underlying the global oil market. We establish this result using a structural VAR model of the global oil ...
    • The tip of the iceberg: a quantitative framework for estimating trade costs 

      Moxnes, Andreas; Irarrazabal, Alfonso; Opromolla, Luca David (Journal article; Peer reviewed, 2015)
      Casual empiricism suggests that additive trade costs, such as quotas, per-unit tariffs, and, in part, transportation costs, are prevalent. In spite of this, we have no broad and systematic evidence of the magnitude of ...