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Comparing shocks and frictions in US and euro area business cycles : a Bayesian DSGE approach
Smets, Frank; Wouters, Rafael - In: Journal of applied econometrics 20 (2005) 2, pp. 161-183
Persistent link: https://www.econbiz.de/10002729071
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The demand for M3 in the Euro area
Coenen, Günter; Vega Croissier, Juan Luis - In: Journal of applied econometrics 16 (2001) 6, pp. 727-748
Persistent link: https://www.econbiz.de/10001631969
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Estimation of the Euro Area Output Gap Using the NAWM
Coenen, Günter; Smets, Frank; Vetlov, Igor - Lietuvos Bankas - 2009
This paper presents preliminary estimates of the euro area flexible-price output gap using the estimated version of the New Area-Wide Model (NAWM) – a large-scale DSGE model of the euro area developed and maintained by ECB staff. Following a definition of the flexible-price output gap...
Persistent link: https://www.econbiz.de/10005267894