Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10001459071
This paper employs a stylized New Keynesian DSGE model for a monetary union to analyze whether cyclical inflation differentials can be explained by cross-country differences concerning the characteristics of financial markets. Our results suggest that empirically plausible degrees of...
Persistent link: https://www.econbiz.de/10013136243
This paper explores whether the cost channel solves the price puzzle. We set-up a New Keynesian DSGE model and estimate it for the euro area by adopting a minimum distance approach. Our findings suggest that - under certain parameter restrictions which are not rejected by the data - the cost...
Persistent link: https://www.econbiz.de/10012753889
Persistent link: https://www.econbiz.de/10011653093
Persistent link: https://www.econbiz.de/10013421999
Persistent link: https://www.econbiz.de/10013422254
Persistent link: https://www.econbiz.de/10013422331
Persistent link: https://www.econbiz.de/10013422336
Persistent link: https://www.econbiz.de/10013422349
Persistent link: https://www.econbiz.de/10013422417