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Persistent link: https://www.econbiz.de/10013480872
This paper specifies a new convenient algorithm to construct policy projections conditional on alternative anticipated policy-rate paths in linearized dynamic stochastic general equilibrium (DSGE) models, such as Ramses, the Riksbank's main DSGE model. Such projections with anticipated...
Persistent link: https://www.econbiz.de/10012463746
assumptions on whether the zero interest floor (ZIF) is binding. It uses a two-country general-equilibrium simulation model …
Persistent link: https://www.econbiz.de/10012465957