<p>When someone asks you to identify monetary policy shock in data they are asking for you to identify (using some econometric/statistical analysis) whether there was some sudden change in monetary policy (e.g. monetary policy suddenly becoming contractionary or expansionary) and its effects on macroeconomy (e.g. GDP/inflation). <a href="https://www.nber.org/papers/w29572" rel="nofollow noreferrer">Bachman et al 2021</a> is an example of identifying monetary shocks.</p>

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2023-04-08T15:02:09.683Z
2023-04-08T15:02:09.683Z
1muflon1
<p>Any help would be greatly appreciated.</p>

<monetary-policy>
What does it mean to identify a monetary policy shock
EHMJ
# What does it mean to identify a monetary policy shock

(Asked by: username_0 on 2023-04-08)

Any help would be greatly appreciated.

**Tags:** monetary-policy

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## 1 answers

### Answer by username_1 on 2023-04-08. Score: 1 | Accepted answer

When someone asks you to identify monetary policy shock in data they are asking for you to identify (using some econometric/statistical analysis) whether there was some sudden change in monetary policy (e.g. monetary policy suddenly becoming contractionary or expansionary) and its effects on macroeconomy (e.g. GDP/inflation). [Bachman et al 2021](https://www.nber.org/papers/w29572) is an example of identifying monetary shocks.


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