Construct · 1 fields · 1 citations

pushing on a string: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Monetary economics

the finding that monetary policy affects output less in recessions than in expansions.

In monetary economics, pushing on a string refers to the finding that monetary policy affects output less in recessions than in expansions. This meaning comes from Tenreyro (2016) in American Economic Journal: Macroeconomics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

policy2 fields · 4 citationsjingle · one word, two constructs string4 fields · 6 citationsjingle · one word, four constructs

References

Tenreyro, S., & Thwaites, G. (2016). Pushing on a String: US Monetary Policy Is Less Powerful in Recessions. American Economic Journal: Macroeconomics, 8(4), 43-74. https://doi.org/10.1257/mac.20150016

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