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konventionelle Sichtweisen über die Inflation zu modellieren. Ich verwende ein DSGE Modell mit klebriger Information und vergleiche … beide Modelle in meinem DSGE Rahmen gleich gut geeignet sind, die konventionellen Sichtweisen zu erklären. Der zweite … to model three conventional views about inflation. We use a fully-fledged DSGE model with sticky information and compare …
Persistent link: https://www.econbiz.de/10009466995
This dissertation presents two essays on Markov-Switching dynamic stochastic general equilibrium models. The first essay is "Perturbation Methods for Markov-Switching Models," which is co-authored with Juan Rubio-Ramirez, Dan Waggoner, and Tao Zha. This essay develops an perturbation-based...
Persistent link: https://www.econbiz.de/10009475390
This dissertation computes the optimal monetary and fiscal policy for small open and emerging economies in an estimated medium-scale model. The model departs from the conventional approach as it encompasses all the major nominal and real rigidities normally found in the literature in a single...
Persistent link: https://www.econbiz.de/10009475440
analyzed within a dynamic general equilibrium framework (DSGE). After a short discussion of the effects of monetary …
Persistent link: https://www.econbiz.de/10009449073
Persistent link: https://www.econbiz.de/10009449670
This dissertation presents a series of three essays that examine the functional form of the U. S. federal income tax and its implications. In the first essay we introduce the convex functional form of the income tax which we believe is superior to the standard income-proportional form. We also...
Persistent link: https://www.econbiz.de/10009431190
Este documento describe los principales canales de transmisión de los efectos desbordamiento (spillovers) de las políticas fiscales nacionales a otros países de la zona del euro y analiza su magnitud utilizando diferentes modelos. En el contexto de la Unión Económica y Monetaria (UEM), los...
Persistent link: https://www.econbiz.de/10012524802
micro based pricing rules into a DSGE model, we fi nd that nominal shocks have a greater real impact in the fully …
Persistent link: https://www.econbiz.de/10012530318
Este trabajo desarrolla un modelo macroecómico del sistema financiero inmobiliario de Estados Unidos. El modelo conecta las dinámicas del mercado de crédito hipotecario y las del mercado de titularización de bonos hipotecarios en equilibrio general. La titularización hipotecaria emerge de...
Persistent link: https://www.econbiz.de/10013266837
Organizado por: Center for Economic Policy Research (CEPR) y Banco de España
Persistent link: https://www.econbiz.de/10013267384