Bad luck, bad policy, and learning? : a Markov-switching approach to understanding postwar U.S. macroeconomic dynamics
Year of publication: |
2019
|
---|---|
Authors: | Best, Gabriela ; Hur, Joonyoung |
Published in: |
European economic review : EER. - Amsterdam : Elsevier, ISSN 0014-2921, ZDB-ID 207969-0. - Vol. 119.2019, p. 55-78
|
Subject: | Great inflation | Learning | Markov-switching DSGE models | Policy preferences | Policymakers’ beliefs | USA | United States | Geldpolitik | Monetary policy | Markov-Kette | Markov chain | Inflation | Dynamisches Gleichgewicht | Dynamic equilibrium | Lernprozess | Learning process | Schock | Shock | Schätzung | Estimation |
-
Methods for measuring expectations and uncertainty in Markov-switching models
Bianchi, Francesco, (2016)
-
Asymmetric macro-financial spillovers
Bluwstein, Kristina, (2017)
-
Does US monetary policy respond to oil and food prices?
Kara, Engin, (2017)
- More ...
-
Best, Gabriela, (2019)
-
Monetary policy and news shocks : are Taylor rules forward-looking?
Best, Gabriela, (2016)
-
Monetary Policy and News Shocks : Are Taylor Rules Forward-Looking?
Best, Gabriela, (2015)
- More ...