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Bangladesh, China, India, Indonesia, Malaysia, the Philippines, Sri Lanka, Thailand, and Vietnam, all active players in the …
Persistent link: https://www.econbiz.de/10008562332
Bangladesh, China, India, Indonesia, Malaysia, the Philippines, Sri Lanka, Thailand, and Vietnam, all active players in the …
Persistent link: https://www.econbiz.de/10005041060
Forward-looking RE models such as the popular New Keynesian (NK) model do not provide a unique prediction about how the model economy behaves. We need some mechanism that ensures determinacy. McCallum (2012) says it is not needed because models are learnable only with the determinate solution...
Persistent link: https://www.econbiz.de/10011093763
We use available methods for testing macro models to evaluate a model of China over the period from Deng Xiaoping …
Persistent link: https://www.econbiz.de/10011083573
finds that the main shocks hitting China in the crisis were international and that domestic banking shocks were unimportant …
Persistent link: https://www.econbiz.de/10011084147
We use available methods for testing macro models to evaluate a model of China over the period from Deng Xiaoping …
Persistent link: https://www.econbiz.de/10011084701