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The effect of monetary policy on household consumption expenditures in Portugal...

Duarte, João B.; Pereira, Nuno

We follow Slacalek et al. (2020) monetary transmission decomposition approach to investigate the effects of monetary policy shocks on household consumption expenditures in Portugal since joining the euro area. Extending their analysis to Portugal, we quantify the monetary policy transmission channels using a combination of micro-level household data from the 3rd wave of the Household Finance and Consumption Sur...


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