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Involuntary Unemployment and the Business Cycle

Christiano, Lawrence J.; Trabrandt, Mathias; Walentin, Karl - Sveriges Riksbank - 2010

the simplest possible New Keynesian framework with no capital. We then integrate the model into a medium sized DSGE model …

Persistent link: https://www.econbiz.de/10008516098

Bayesian Prediction with a Cointegrated Vector Autoregression

Villani, Mattias - Sveriges Riksbank - 1999

A complete procedure for calculating the joint predictive distribution of future observations based on the cointegrated vector autoregression is presented. The large degree of uncertainty in the choise of the cointegration vectors is incorporated into the analysis through a prior distribution on...

Persistent link: https://www.econbiz.de/10005190804

Evaluating An Estimated New Keynesian Small Open Economy Model

Adolfson, Malin; Laséen, Stefan; Lindé, Jesper; … - Sveriges Riksbank - 2007

Evans (2005) and Smets and Wouters (2003) using Bayesian estimation techniques on Swedish data. To account for the switch to …

Persistent link: https://www.econbiz.de/10005423767

Sticky Information vs. Sticky Prices: A Horse Race in a DSGE Framework

Trabandt, Mathias - Sveriges Riksbank - 2007

are contractionary and iii) inflation accelerates with vigorous economic activity. I use a fully-fledged DSGE model with … in my DSGE model in delivering the conventional view. …

Persistent link: https://www.econbiz.de/10005649052