Showing 1 - 10 of 17
Persistent link: https://www.econbiz.de/10003811513
Persistent link: https://www.econbiz.de/10003813037
Persistent link: https://www.econbiz.de/10008747559
Persistent link: https://www.econbiz.de/10009388891
"In an economy with nominal rigidities in both an intermediate good sector and a finished good sector, and thus with a natural distinction between CPI and PPI inflation rates, a benevolent central bank faces a tradeoff between stabilizing the two measures of inflation: a final output gap, and...
Persistent link: https://www.econbiz.de/10002178762
Persistent link: https://www.econbiz.de/10003228845
Persistent link: https://www.econbiz.de/10002931652
Persistent link: https://www.econbiz.de/10001932807
We examine the sources of macroeconomic fluctuations by estimating a variety of richly parameterized DSGE models within a unified framework that incorpo- rates regime switching both in shock variances and in the inflation target. We propose an efficient methodology for estimating...
Persistent link: https://www.econbiz.de/10011756316
Persistent link: https://www.econbiz.de/10013434499