Sugo, Tomohiro; Ueda, Kozo - In: Journal of the Japanese and International Economies 22 (2008) 4, pp. 476-502
We estimate a medium-scale dynamic stochastic general equilibrium model of the Japanese economy following Christiano et al. [Christiano, L., Eichenbaum, M., Evans, C., 2005. Nominal rigidities and the dynamic effects of a shock to monetary policy. J. Polit. Economy 113 (1), 1-45]. By using...