Narrow search
Showing 1 - 4 of 4
Cover Image
Monetary policy regime shifts and inflation persistence
Davig, Troy; Doh, Taeyoung - In: The review of economics and statistics 96 (2014) 5, pp. 862-875
Persistent link: https://www.econbiz.de/10010470575
Cover Image
Monetary Policy Regime Shifts and Inflation Persistence
Davig, Troy - 2013
This paper reports the results of estimating a Markov-Switching New Keynesian (MSNK) model using Bayesian methods. The broadest and best fitting MSNK model is a four-regime model allowing independent changes in the regimes governing monetary policy and the volatility of the shocks. We use the...
Persistent link: https://www.econbiz.de/10012710823
Cover Image
A new approach to integrating expectations into VAR models
Doh, Taeyoung; Smith, Andrew Lee - In: Journal of monetary economics 132 (2022), pp. 24-43
Persistent link: https://www.econbiz.de/10013489595
Cover Image
Shocks, frictions, and policy regimes: understanding inflation after the COVID-19 pandemic
Doh, Taeyoung; Yang, Choongryul - 2023
Persistent link: https://www.econbiz.de/10014460816