Darracq Pariès, Matthieu; Notarpietro, Alessandro - 2008
-related shocks.
Keywords: Housing, credit frictions, optimal monetary policy, new open economy macro-
economics, Bayesian estimation … characterized
by the presence of nominal rigidities and the existing estimated New Open Economy Macroeconomics
models. We estimate a … estimated New Open Economy
Macroeconomics models
2
. We estimate a two-country Dynamic Stochastic General Equilibrium model
for …