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We explore bifurcation phenomena in the open-economy New Keynesian model developed by Clarida, Gali and Gertler (2002 … behaviors and policy responses. Introducing parameters related to the open economy structure affects the values of bifurcation … parameters and changes the location of bifurcation boundaries. As a result, the stratification of the confidence region, as …
Persistent link: https://www.econbiz.de/10011109244
We explore bifurcation phenomena in the open-economy New Keynesian model developed by Gali and Monacelli (2005). We … behaviors and policy responses. Introducing parameters related to the open economy structure affects the values of bifurcation … parameters and changes the location of bifurcation boundaries. As a result, the stratification of the confidence region, as …
Persistent link: https://www.econbiz.de/10011111540
We explore bifurcation phenomena in the open-economy New Keynesian model developed by Gali and Monacelli (2005). We … behaviors and policy responses. Introducing parameters related to the open economy structure affects the values of bifurcation … parameters and changes the location of bifurcation boundaries. As a result, the stratification of the confidence region, as …
Persistent link: https://www.econbiz.de/10010561578
We explore bifurcation phenomena in the open-economy New Keynesian model developed by Clarida, Gali and Gertler (2002 … behaviors and policy responses. Introducing parameters related to the open economy structure affects the values of bifurcation … parameters and changes the location of bifurcation boundaries. As a result, the stratification of the confidence region, as …
Persistent link: https://www.econbiz.de/10010562402
We explore bifurcation phenomena in the open-economy New Keynesian CGG Model based on Clarida et al. (2001, 2002). We … behaviors and policy responses. Introducing parameters related to the open economy structure affects the values of bifurcation … parameters and changes the location of bifurcation boundaries. As a result, the stratification of the confidence region, as …
Persistent link: https://www.econbiz.de/10010636282
In this study, we first review the bifurcation phenomena in dynamic economic systems and point out the importance of … bifurcation analysis is a relatively new subject with steadily growing interest in economic literature, previous research reveals … the potential importance of further studies on bifurcation using different dynamic models. Therefore, we continue …
Persistent link: https://www.econbiz.de/10009430886
Persistent link: https://www.econbiz.de/10011577316
Persistent link: https://www.econbiz.de/10009729038
Persistent link: https://www.econbiz.de/10014334795
Persistent link: https://www.econbiz.de/10012888232