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David O. Cushman

Economist (Department of Economics) · University of Saskatchewan

Economist in the Department of Economics at the University of Saskatchewan. Research is in international economics, including exchange rates, monetary policy identification in open economies, and trade.

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Published Classic Journal of Monetary Economics Published Aug 1997

Identifying Monetary Policy in a Small Open Economy under Flexible Exchange Rates

David O. Cushman · Tao Zha

This 1997 Journal of Monetary Economics paper by David Cushman and Tao Zha addresses the "exchange rate puzzle" and "price puzzle" that plague conventional recursive (Choleski) VAR studies of monetary …

Structural Var Monetary Policy Shocks