### References

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Galí, J. (2015): Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework, Princeton, NJ: Princeton University Press.

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McKay, A. and C. Wolf (2023): “What Can Time Time-Series Regressions Tell Us About Policy Counterfactuals? Counterfactuals?” Econometrica, 91, 1695 1695-1725.