How much nominal rigidity is there in the US economy? Testing a new Keynesian DSGE model using indirect inference
نویسندگان
چکیده
منابع مشابه
The Effect of Zakat on Consumption Stability in the Iranian Economy in the form of the New Keynesian DSGE Model
Household Consumption Decisions Have a Significant Impact on The Behavior of Macroeconomic Variables in The Short and Long Run. One of The Factors Affecting the Consumption of Households in an Islamic Society Is Zakat, Which Is Established in Islam to Combat Poverty and Acts as a Tool to Redistribute Income and Wealth from The Rich to The Poor and Plays an Important Role In Ensuring Justice and...
متن کاملThe Effect of External Shocks on Macroeconomic Variables for the Iranian Economy in the form of New Keynesian DSGE Model
One of the important issues that have been the focus of economists in developed and developing countries for the last several decades is the study of the effect of External Shocks on macroeconomic variables of those countries.In this paper In order to investigate the effect of external shocks including world oil price, exchange rate and global inflation shocks on macroeconomic variables of Ira...
متن کاملDoes the DSGE Model Fit the Chinese Economy? A Bayesian and Indirect Inference Approach by
This thesis makes three main contributions to the literature on Dynamic Stochastic General Equilibrium (DSGE) models in Macroeconomics. As no previous studies have studied the Chinese economy from the perspective of DSGE, the first contribution of this thesis is estimating a DSGE model for China through a Bayesian approach using the Chinese quarterly post-economic reform data representing the m...
متن کاملa new keynesian phillips curve in a dsge model for iran
depending on the assumptions that are made in new keynesian models, one can attain different new keynesian phillips curves. in this study, three different new keynesian phillips curves and two different central bank behavioural functions are presented which leaves six new keynesian dsge models to study. the purpose of this study is the comparison of these six models and selecting the best model...
متن کاملHow much undernutrition is there in hospitals?
Many studies over the last 30 years have emphasised the importance of disease-related undernutrition in hospitalised patients (Bistrian et al. 1974; Hill et al. 1977; McWhirter & Pennington, 1994; Corish et al. 2000; Kelly et al. 2000). This is largely because undernutrition adversely affects clinical outcome, and well-being, and is responsible for a disproportionately large consumption of heal...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Economic Dynamics and Control
سال: 2011
ISSN: 0165-1889
DOI: 10.1016/j.jedc.2011.08.009