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This paper shows that when financial frictions are dynamically modeled, broader inferences can be drawn from DSGE …
Persistent link: https://www.econbiz.de/10009386808
This paper estimates a two-country open economy DSGE model by using U.S. and Euro Area data. The baseline model, where …
Persistent link: https://www.econbiz.de/10011127989
This paper shows that when financial frictions are modeled dynamically, broader inferences can be drawn from DSGE …
Persistent link: https://www.econbiz.de/10010959940
effects, we construct and estimate a two-region open economy DSGE model with nominal and real rigidities. We model the …
Persistent link: https://www.econbiz.de/10010959953
estimate a two-region open economy DSGE model that includes frictions in credit markets. The baseline model fails to replicate …
Persistent link: https://www.econbiz.de/10010906597
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