Natural rate measures in an estimated DSGE model of the U.S. Economy

DOI10.1016/J.JEDC.2007.09.011MaRDI QIDQ844737zbMATH OpenOpenAlexFDO

Authors Rochelle M. Edge, Michael T. Kiley, Jean-Philippe Laforte

Publication date 19 January 2010

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL http://www.federalreserve.gov/pubs/feds/2007/200708/200708pap.pdf

zbMATH Keywords

Bayesian estimationnatural rate of interestpotential output

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74) Dynamic stochastic general equilibrium theory (91B51)

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Cites work

• THE REAL-INTEREST-RATE GAP AS AN INFLATION INDICATOR
• Time to Build and Aggregate Fluctuations

Cited in

(7)

• Supply based on demand dynamical model
• The diversity of forecasts from macroeconomic models of the US economy
• Econometric analysis of structural systems with permanent and transitory shocks
• Monetary policy trade-offs in an estimated open-economy DSGE model
• Money and the natural rate of interest: structural estimates for the United States and the euro area
• Uncertainties surrounding natural rate estimates in the G7
• Modeling investment-sector efficiency shocks: when does disaggregation matter?

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