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The New Keynesian approach to dynamic general equilibrium modeling : models, methods, and macroeconomic policy evaluation
Schmidt, Sebastian; Wieland, Volker - 2012
This chapter aims to provide a hands-on approach to New Keynesian models and their uses for macroeconomic policy analysis. It starts by reviewing the origins of the New Keynesian approach, the key model ingredients and representative models. Building blocks of current-generation dynamic...
Persistent link: https://www.econbiz.de/10010391304
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Chapter 22. The New Keynesian Approach to Dynamic General Equilibrium Modeling: Models, Methods and Macroeconomic Policy Evaluation
Schmidt, Sebastian; Wieland, Volker - In: Handbook of computable general equilibrium modeling : …, (pp. 1439-1512). 2013
This chapter aims to provide a hands-on approach to New Keynesian models and their uses for macroeconomic policy analysis. It starts by reviewing the origins of the New Keynesian approach, the key model ingredients and representative models. Building blocks of current-generation dynamic...
Persistent link: https://www.econbiz.de/10014025269
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Microfoundational programs
Hoover, Kevin D. - 2010 - Revised, 16 May 2010
distinction was drawn quite independently of Keynes, yet Keynes's General Theory led to its widespread adoption. The question of … directly in Keynes's own theorizing in the General Theory; a fixed-price general-equilibrium theory, which includes some work … programs and their interrelationship, especially in relationship to the programs of general-equilibrium theory and econometrics …
Persistent link: https://www.econbiz.de/10011603312
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Comfort of conformity
Capaldo, Jeronim - In: International journal of political economy : a journal … 50 (2021) 2, pp. 107-110
Persistent link: https://www.econbiz.de/10012623322
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Growth dynamics in a general equilibrium macroeconomic model for India
Goyal, Ashima - 1992
Persistent link: https://www.econbiz.de/10000854548
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The past, present, and future of macroeconomic forecasting
Diebold, Francis X. - 1997
Persistent link: https://www.econbiz.de/10000648504
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Computational macroeconomics for the open economy
Lim, Guay C.; McNelis, Paul D. - 2008
Persistent link: https://www.econbiz.de/10003683094
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The Poole analysis in the new open economy macroeconomic framework
Hoffmann, Mathias; Kempa, Bernd - 2006
This paper evaluates simple, non-optimising monetary policy rules in the tradition of the well-known Poole analysis within a general two-country open-economy model of the New Open Economy Macroeconomic framework. Pure money supply rules are compared with simple interest rate rules for the large...
Persistent link: https://www.econbiz.de/10009525985
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The new open economy macroeconomics of government debt
Ganelli, Giovanni - In: Journal of international economics 65 (2005) 1, pp. 167-184
Persistent link: https://www.econbiz.de/10002540730
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The new open economy macroeconomics of government debt
Ganelli, Giovanni - 2002
Persistent link: https://www.econbiz.de/10001710573