Introducing financial frictions and unemployment into a small open economy model
DOI10.1016/J.JEDC.2011.09.005zbMATH Open1241.91081OpenAlexW2121410772MaRDI QIDQ427983FDOQ427983
Authors: Lawrence J. Christiano, Mathias Trabandt, Karl Walentin
Publication date: 18 June 2012
Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jedc.2011.09.005
Recommendations
- BUSINESS CYCLES IN SMALL OPEN ECONOMIES: EVIDENCE FROM PANEL DATA BETWEEN 1900 AND 2013
- Unemployment and the business cycle in a small open economy
- Labor and investment frictions in a real business cycle model
- Financial factors in the business cycle of a small open economy: the case of Korea
- Financial market frictions, monetary policy, and capital accumulation in a small open economy
Macroeconomic theory (monetary models, models of taxation) (91B64) Statistical methods; economic indices and measures (91B82) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)
Cites Work
- Forecasting Performance of an Open Economy DSGE Model
- The fair wage-effort hypothesis and unemployment
- Job Creation and Job Destruction in the Theory of Unemployment
- The external finance premium and the macroeconomy: US post-WWII evidence
- The Impact of Uncertainty Shocks
- What's news in business cycles
- Shocks, structures or monetary policies? The euro area and US after 2001
- Monetary persistence and the labor market: a new perspective
- Evaluating an estimated New Keynesian small open economy model
Cited In (14)
- Shadow banking and financial regulation: a small-scale DSGE perspective
- Econometrics with system priors
- Fiscal news and macroeconomic volatility
- Gauging the effects of fiscal stimulus packages in the Euro area
- Fiscal consolidation in a currency union: spending cuts vs. tax hikes
- A system reduction method to efficiently solve DSGE models
- Financial dollarization in emerging markets: an insurance arrangement
- The role of cognitive limitations and heterogeneous expectations for aggregate production and credit cycle
- Priors about observables in vector autoregressions
- Multi-product firms and increasing marginal costs
- The importance of hiring frictions in business cycles
- Efficient parallelisation of Metropolis-Hastings algorithms using a prefetching approach
- Commodity price shocks, labour market dynamics and monetary policy in small open economies
- Financial factors in the business cycle of a small open economy: the case of Korea
This page was built for publication: Introducing financial frictions and unemployment into a small open economy model
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q427983)