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approach to address endogeneity. Consistent with economic theory, our estimates show a nonlinear demand function that exhibits …
Persistent link: https://www.econbiz.de/10013257201
Keynote speech: Measuring the Effects of Monetary Policy on House Prices and the EconomyFull Publication: 'http://ssrn.com/abstract=2861007' Expanding the Boundaries of Monetary Policy in Asia and the Pacific
Persistent link: https://www.econbiz.de/10012980233
We use a micro-founded macroeconometric modeling framework to investigate the design of monetary policy when the central bank faces uncertainty about the true structure of the economy. We apply Bayesian methods to estimate the parameters of the baseline specification using postwar U.S. data, and...
Persistent link: https://www.econbiz.de/10012467156
We use a micro-founded macroeconometric modeling framework to investigate the design of monetary policy when the central bank faces uncertainty about the true structure of the economy. We apply Bayesian methods to estimate the parameters of the baseline specification using postwar U.S. data and...
Persistent link: https://www.econbiz.de/10014061946
We use a micro-founded macroeconometric modeling framework to investigate the design of monetary policy when the central bank faces uncertainty about the true structure of the economy. We apply Bayesian methods to estimate the parameters of the baseline specification using postwar U.S. data, and...
Persistent link: https://www.econbiz.de/10013104517
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