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Hansen, Lars Peter; Sargent, Thomas J. - 2008

The authors adapt modern control theoretic techniques based on robust control theory to economic modelling and decision … entropy and in this sense the robust control theory is not only adapted but also extended in the book. The main issues … noncooperative game theory to solve the formulated decision making problems. The book is self-contained and rigorous and may be …

Persistent link: https://www.econbiz.de/10003539380

Model uncertainty, the Lucas Critique and robustness in a core inflation model

Kemball-Cook, David; Levine, Paul - 1989

Persistent link: https://www.econbiz.de/10000127591

Inference and forecasting based on the Phillips curve

Kim, Kun Ho; Park, Suna - In: Han gug gae bal yeon gu 38 (2016) 2, pp. 1-20

Persistent link: https://www.econbiz.de/10011499151

Visualizing the invisible : estimating the New Keynesian output gap via a Bayesian approach

Willems, Tim - 2010

As both the natural level of output and the New Keynesian output gap cannot be observed in practice, there is quite some debate on the question how these variables look like in practice. Rather than taking the standard approach of using a time trend or the HP-filter to obtain estimates of these...

Persistent link: https://www.econbiz.de/10011378920

The mechanics of a reasonably fitted quarterly New Keynesian macro model

Mayer, Eric - 2003 - First Version February 2003, This Version November 2004

The last years have witnessed a sharp increase of interest in monetary policy rules (see Taylor [1999]). This normative branch of monetary policy tries to evaluate the performance of alternative monetary policy rules in terms of associated monetary policy outcomes. Nevertheless this exercise is...

Persistent link: https://www.econbiz.de/10010498974