Showing 1 - 10 of 85
Policy analysis with potentially misspecified dynamic stochastic general equilibrium (DSGE) models faces two challenges: estimation of parameters that are relevant for policy trade-offs and treatment of estimated deviations from the cross-equation restrictions. This paper develops and explores...
Persistent link: https://www.econbiz.de/10003781475
Persistent link: https://www.econbiz.de/10003335061
Persistent link: https://www.econbiz.de/10003896762
Persistent link: https://www.econbiz.de/10003484734
Persistent link: https://www.econbiz.de/10003456503
Persistent link: https://www.econbiz.de/10003456505
Persistent link: https://www.econbiz.de/10003429766
Policy analysis with potentially misspecified dynamic stochastic general equilibrium (DSGE) models faces two challenges: estimation of parameters that are relevant for policy trade-offs and treatment of estimated deviations from the cross-equation restrictions. This paper develops and explores...
Persistent link: https://www.econbiz.de/10003467924
Persistent link: https://www.econbiz.de/10003610511
A small macroeconomic model is constructed to study the transmission of the monetary policy conducted by the Deutsche Bundesbank (DBB) since the middle of the 1970s. For this purpose quarterly, seasonally unadjusted data for the period from 1975 to 1998 are used, that is, the period until the...
Persistent link: https://www.econbiz.de/10011400913