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Price indexation, habit formation, and the generalized Taylor principle
Bhattarai, Saroj; Lee, Jae Won; Park, Woong-yong - 2013
Persistent link: https://www.econbiz.de/10009788812
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Determinate liquidity traps
Tambakis, Demosthenes Nicholas - In: Economics letters 135 (2015), pp. 126-132
Persistent link: https://www.econbiz.de/10011435640
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Determinacy with capital adjustment costs and sector-specific externalities
Herrendorf, Berthold; Valentinyi, Ákos - 2000
This paper explores the stability properties of the steady state in the standard two-sector real business cycle model with a sector-specific externality in the capital-producing sector. When the steady state is stable then equilibrium is indeterminate and stable sunspots are possible. We find...
Persistent link: https://www.econbiz.de/10011545467
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Determinacy through intertemporal capital adjustment costs
Herrendorf, Berthold; Valentinyi, Ákos - 2002 - Current version: October 9, 2002
state is determinate for all empirically plausible parameter values. We also find that determinacy occurs for a much larger …
Persistent link: https://www.econbiz.de/10011545817
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Neoclassical growth model with externalities
Herrendorf, Berthold; Valentinyi, Ákos - 2002
numerically that capital adjustment costs of plausible size imply determinacy nearby the steady state for empirically plausible …
Persistent link: https://www.econbiz.de/10011545829
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On default and uniqueness of monetary equilibria
Lin, Li; Tsomocos, Dimitrios P.; Vardoulakis, Alexandros P. - In: Economic theory : official journal of the Society for … 62 (2016) 1/2, pp. 245-264
Persistent link: https://www.econbiz.de/10011554155
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Determinacy analysis in high order dynamic systems : the case of nominal rigidities and limited asset market participation
Ascari, Guido; Colciago, Andrea; Rossi, Lorenza - 2016
Persistent link: https://www.econbiz.de/10011456596
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Determinacy and learnability of equilibrium in a small open economy with sticky wages and prices
Araujo, Eurilton - 2014
Persistent link: https://www.econbiz.de/10010471887
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A case for interest rate inertia in monetary policy
Bask, Mikael - In: International journal of finance & economics : IJFE 19 (2014) 2, pp. 140-159
Persistent link: https://www.econbiz.de/10010471965
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Anchoring expectations of inflation
Magill, Michael; Quinzii, Martine - In: Journal of mathematical economics 50 (2014), pp. 86-105
Persistent link: https://www.econbiz.de/10010476845