Shocks, structures or monetary policies? The euro area and US after 2001

DOI10.1016/j.jedc.2007.09.014zbMath1181.91136MaRDI QIDQ844731

Massimo Rostagno, Roberto Motto, Lawrence J. Christiano

Publication date: 19 January 2010

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp774.pdf

zbMATH Keywords

shocks; DSGE model; policy activism; policy inertia

Mathematics Subject Classification ID

91B64: Macroeconomic theory (monetary models, models of taxation)

91B51: Dynamic stochastic general equilibrium theory

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Cites Work

• Solving dynamic equilibrium models by a method of undetermined coefficients
• EMPIRICAL PROPERTIES OF CLOSED- AND OPEN-ECONOMY DSGE MODELS OF THE EURO AREA
• Optimal Interest-Rate Smoothing