Showing 1 - 10 of 230
Persistent link: https://www.econbiz.de/10009757117
Persistent link: https://www.econbiz.de/10011414505
Persistent link: https://www.econbiz.de/10000127591
In this paper we propose a novel methodology to analyze optimal policies under model uncertainty in micro-founded macroeconomic models. As an application we assess the relevant sources of uncertainty for the optimal conduct of monetary policy within (parameter uncertainty) and across models...
Persistent link: https://www.econbiz.de/10003634006
Persistent link: https://www.econbiz.de/10003754737
Persistent link: https://www.econbiz.de/10003778923
first quantify the degree of misspecification in a state-of-the art DSGE model and then document the performance of … from such prescriptions varies substantially. -- Bayesian analysis ; DSGE models ; model misspecification …
Persistent link: https://www.econbiz.de/10003781475
Persistent link: https://www.econbiz.de/10001997689
Persistent link: https://www.econbiz.de/10003335061
Persistent link: https://www.econbiz.de/10003797235