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~institution:"C.E.P.R. Discussion Papers"
~institution:"Madras School of Economics"
~institution:"WorldFish Center, Consultative Group on International Agricultural Research (CGIAR)"
~person:"Minford, Patrick"
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Minford, Patrick
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C.E.P.R. Discussion Papers
Madras School of Economics
WorldFish Center, Consultative Group on International Agricultural Research (CGIAR)
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Can the Learnability Criterion Ensure Determinacy in New Keynesian Models?
Minford, Patrick
;
Srinivasan, Naveen
-
Madras School of Economics
-
2014
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
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2
A DSGE Model of
China
Dai, Li
;
Minford, Patrick
;
Zhou, Peng
-
C.E.P.R. Discussion Papers
-
2014
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
Saved in:
3
Banking and the Macroeconomy in
China
: A Banking Crisis Deferred?
Le, Vo Phuong Mai
;
Matthews, Kent
;
Meenagh, David
; …
-
C.E.P.R. Discussion Papers
-
2013
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
Saved in:
4
A DSGE Model of
China
Dai, Li
;
Minford, Patrick
;
Zhou, Peng
-
C.E.P.R. Discussion Papers
-
2014
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
Saved in:
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