Wouter Van der Veken
Biographic Data
| ID | 9595727 |
|---|---|
| NAME | Wouter Van der Veken |
| GIVEN NAMES | Wouter |
| FAMILY NAME | Van der Veken |
| SIGNATURE | VAN DER VEKEN W |
| AFFILIATIONS | Economics and Research Department National Bank of Belgium Brussels Belgium |
| VERIFIED | No |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 2 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2023 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 0 |
Deflationary Financial Shocks and Inflationary Uncertainty Shocks
What are the economic implications of financial and uncertainty shocks? Financial shocks reduce both output and goods prices, while uncertainty shocks reduce output but raise goods prices. In response to uncertainty shocks, firms increase markups, in line with the theory of self‐insurance against being stuck with too low a price. This explains why goods prices may increase at the onset of a recession and why recessions feature less pronounced def…
Monetary policy and exchange rate anomalies in set‐identified SVARs
Set‐identified vector autoregressions typically document violations of uncovered interest rate parity ( forward discount puzzle ) and gradual appreciation–depreciation cycles of exchange rates ( delayed overshooting puzzle ) following contractionary monetary policy shocks. We revisit both anomalies in a framework similar to Kim et al. (2017, JPE). We complement their identifying restrictions on how monetary policy affects the economy with restric…
No prominent works on this page.
Monetary policy and exchange rate anomalies in set‐identified SVARs
Set‐identified vector autoregressions typically document violations of uncovered interest rate parity ( forward discount puzzle ) and gradual appreciation–depreciation cycles of exchange rates ( delayed overshooting puzzle ) following contractionary monetary policy shocks. We revisit both anomalies in a framework similar to Kim et al. (2017, JPE). We complement their identifying restrictions on how monetary policy affects the economy with restric…
Deflationary Financial Shocks and Inflationary Uncertainty Shocks
What are the economic implications of financial and uncertainty shocks? Financial shocks reduce both output and goods prices, while uncertainty shocks reduce output but raise goods prices. In response to uncertainty shocks, firms increase markups, in line with the theory of self‐insurance against being stuck with too low a price. This explains why goods prices may increase at the onset of a recession and why recessions feature less pronounced def…
Economics (2 works) · Italy: Economic History and Contemporary Issues (2 works) · Market Dynamics and Volatility (2 works) · Monetary economics (2 works) · Monetary policy (2 works) · Monetary Policy and Economic Impact (2 works) · Deflation (1 work) · Exchange rate (1 work) · Interest rate (1 work) · Interest rate parity (1 work)