performance of DSGE mod- els, resurrecting Bilbiie's (2008) inverted Taylor principle. Another origi- nal contribution of the …

debate on DSGE models determinacy when the central bank implements a standard Taylor rule. We reconsider the issue here in …

Keynesian DSGE model we uncover a causality link between limited asset market participation, consumption inequality and … the dynamic performance of the model close to the one generated by representative-agent DSGE models. …

We reconsider the issue of equilibrium determinacy under the limited asset market participation hypothesis in a medium … have mutually reinforcing adverse e¤ects on determinacy. We therefore uncover a causality link between long-run inequality … and macroeconomic volatility in a New-Keynesian DSGE model. In our framework, redistributive polices targeting consumption …

debate on DSGE models determinacy when the central bank implements a standard Taylor rule. We reconsider the issue here in …

business cycle movements. We use a SVAR approach with sign restriction backed by a Dynamic Stochastic General Equilibrium (DSGE …

heterogenous agents DSGE model calibrated to the euro area. We find that the welfare cost of the COVID shock is large. Households …

-region DSGE model with out of sync subnational housing markets and compare four policy types: standard monetary policy, leaning …

In this paper, we estimate a New Keynesian DSGE model developed by Ireland (2003) on French, German and Spanish data … with the aim to explore the macroeconomic consequences of EMU. In order to validate the results from the DSGE model, we … amend this analysis by stability tests of monetary policy reaction functions for these countries. We find that (a) the DSGE …