Similar Search Results

Shayegh, Soheil; Bosetti, Valentina; Dietz, Simon; … - 2018

Over the last few decades, integrated assessment models (IAM) have provided insight into the relationship between climate change, economy, and climate policies. The limitations of these models in capturing uncertainty in climate parameters, heterogeneity in damages and policies, have given rise...

Persistent link: https://www.econbiz.de/10011850330

New Keynesian models : not yet useful for policy analysis

Chari, Varadarajan V. (contributor); … - 2008

In the 1970s macroeconomists often disagreed bitterly. Macroeconomists have now largely converged on method, model design, and macroeconomic policy advice. The disagreements that remain all stem from the practical implementation of the methodology. Some macroeconomists think that New Keynesian...

Persistent link: https://www.econbiz.de/10003774553

Sales and the real effects of monetary policy

Kehoe, Patrick J. (contributor); … - 2007

In the data, a sizable fraction of price changes are temporary price reductions referred to as sales. Existing models include no role for sales. Hence, when confronted with data in which a large fraction of price changes are sales related, the models must either exclude sales from the data or...

Persistent link: https://www.econbiz.de/10003479621

Comparing alternative representations, methodologies, and decompositions in business cycle accounting

Chari, Varadarajan V. (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003485980

If exchange rates are random walks then almost everything we say about monetary policy is wrong

Alvarez, Fernando (contributor); Atkeson, Andrew (contributor) - 2007

Persistent link: https://www.econbiz.de/10003486025

Evaluating macroeconomic forecasts : a review of some recent developments

Franses, Philip Hans; McAleer, Michael; Legerstee, Rianne - 2010

Persistent link: https://www.econbiz.de/10008670049

Ownership structure and control in incomplete market economies with transferable utility

Dierker, Egbert; Dierker, Hildegard - 2011

Persistent link: https://www.econbiz.de/10008906044

Endogenous selection of comparison groups, human capital formation, and tax policy

Stark, Oded; Hyll, Walter; Wang, Yong - 2010

Persistent link: https://www.econbiz.de/10008906322

Sticky prices and sectoral real exchange rates

Kehoe, Patrick J. (contributor); … - 2007

theory for persistence have some modest support: in the data, the stickier is the price of a good the more persistent is its … real exchange rate, but the theory predicts much more variation in persistence than is in the data. The predictions of the … theory for volatiity fare less well: in the data, the stickier is the price of a good the smaller is its conditional variance …

Persistent link: https://www.econbiz.de/10003579972

Reply to Solow

Chari, Varadarajan V. (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003580339