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Reichlin, Lucrezia
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1
An Estimated Stochastic Dynamic General Equilibrium Model of the Euro Area
Smets, Frank
;
Wouters, Rafael
-
2021
This paper develops and estimates a stochastic dynamic general equilibrium (SDGE) model with sticky prices and wages for the euro area. The model incorporates various other features such as habit formation, costs of adjustment in capital accumulation and variable capacity utilisation. It is...
Persistent link: https://www.econbiz.de/10013320215
Saved in:
2
An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area
Smets, Frank
-
2010
This paper develops and estimates a dynamic stochastic general equilibrium (DSGE) model with sticky prices and wages for the euro area. The model incorporates various other features such as habit formation, costs of adjustment in capital accumulation and variable capacity utilisation. It is...
Persistent link: https://www.econbiz.de/10013137060
Saved in:
3
An estimated dynamic stochastic general equilibrium model of the euro area
Smets, Frank
;
Wouters, Rafael
-
2002
This paper develops and estimates a dynamic stochastic general equilibrium (DSGE) model with sticky prices and wages for the euro area. The model incorporates various other features such as habit formation, costs of adjustment in capital accumulation and variable capacity utilisation. It is...
Persistent link: https://www.econbiz.de/10011623232
Saved in:
4
Price Shocks in General Equilibrium : Alternative Specifications
Walque, Gregory de
-
2010
the most important source of
inflation
variability in the euro area. This article shows that an empirically plausible …
Persistent link: https://www.econbiz.de/10012716079
Saved in:
5
Financial factors in economic fluctuations
Christiano, Lawrence J.
;
Motto, Roberto
;
Rostagno, Massimo
-
2010
intermediation turns an otherwise diversifiable source of idiosyncratic economic uncertainty, the 'risk
shock
', into a systemic force …
Persistent link: https://www.econbiz.de/10003973320
Saved in:
6
Comparing Shocks and Frictions in Us and Euro Area Business Cycles : A Bayesian DSGE Approach
Smets, Frank
;
Wouters, Rafael
-
2021
This paper estimates a DSGE model with many types of shocks and frictions for both the US and the euro area economy over a common sample period (1974-2002). The structural estimation methodology allows us to investigate whether differences in business cycle behaviour are due to differences in...
Persistent link: https://www.econbiz.de/10013319078
Saved in:
7
Comparing Shocks and Frictions in US and Euro Area Business Cycles : A Bayesian DSGE Approach
Smets, Frank
-
2010
This paper estimates a DSGE model with many types of shocks and frictions for both the US and the euro area economy over a common sample period (1974-2002). The structural estimation methodology allows us to investigate whether differences in business cycle behaviour are due to differences in...
Persistent link: https://www.econbiz.de/10013137108
Saved in:
8
Financial Factors in Economic Fluctuations
Christiano, Lawrence J.
;
Motto, Roberto
;
Rostagno, Massimo
-
2021
intermediation turns an otherwise diversifiable source of idiosyncratic economic uncertainty, the ‘risk
shock
’, into a systemic force …
Persistent link: https://www.econbiz.de/10013316211
Saved in:
9
Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe
Leith, Campbell B.
;
Malley, James R.
-
2002
of the New Keynesian Phillips Curve (NKPC) is that they fail to capture the extent of
inflation
inertia in the data. In …
Persistent link: https://www.econbiz.de/10011409738
Saved in:
10
Estimated General Equilibrium Models for the Evaluation of Monetary Policy in the Us and Europe
Leith, Campbell
;
Malley, Jim
-
2021
of the New Keynesian Phillips Curve (NKPC) is that they fail to capture the extent of
inflation
inertia in the data. In …
Persistent link: https://www.econbiz.de/10013320548
Saved in:
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