DSGE Models for Monetary Policy Analysis

Monetary DSGE models are widely used because they fit the data well and they can be used to address important monetary policy questions. We provide a selective review of these developments. Policy analysis with DSGE models requires using data to assign numerical values to model parameters. The chapter describes and implements Bayesian moment matching and impulse response matching procedures for this purpose

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Year of publication:	2010
Authors:	Christiano, Lawrence J.
Other Persons:	Trabandt, Mathias (contributor) ; Walentin, Karl (contributor)
Publisher:	[2010]: [S.l.] : SSRN
Subject:	Geldpolitik \| Monetary policy \| Dynamisches Gleichgewicht \| Dynamic equilibrium \| Theorie \| Theory \| Wissenschaftliche Methode \| Scientific method

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Extent:	1 Online-Ressource (95 p)
Series:	NBER Working Paper ; No. w16074
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 2010 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013142286