Evaluating an estimated New Keynesian small open economy model
From MaRDI portal
Publication:844756
DOI10.1016/j.jedc.2007.09.012zbMath1181.91133OpenAlexW3125476855MaRDI QIDQ844756
Stefan Laséen, Malin Adolfson, Jesper Lindé, Mattias Villani
Publication date: 19 January 2010
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
Full work available at URL: http://www.riksbank.se/upload/Dokument_riksbank/Kat_foa/2007/wp_203.pdf
Applications of statistics to economics (62P20) Macroeconomic theory (monetary models, models of taxation) (91B64) Dynamic stochastic general equilibrium theory (91B51)
Related Items (15)
Foreign and domestic uncertainty shocks in four open economies ⋮ Bayesian forecasting with small and medium scale factor-augmented vector autoregressive DSGE models ⋮ Optimal price setting and inflation inertia in a rational expectations model ⋮ An estimated stochastic general equilibrium model with partial dollarization: a Bayesian approach ⋮ The quantitative importance of the expenditure-switching effect ⋮ Estimating point and density forecasts for the US economy with a factor-augmented vector autoregressive DSGE model ⋮ The New Keynesian Phillips curve and staggered price and wage determination in a model with firm-specific labor ⋮ Introducing financial frictions and unemployment into a small open economy model ⋮ Combining VAR and DSGE forecast densities ⋮ Evaluating the forecasting power of an open-economy DSGE model when estimated in a data-rich environment ⋮ Monetary policy trade-offs in an estimated open-economy DSGE model ⋮ Euro-dollar real exchange rate dynamics in an estimated two-country model: an assessment ⋮ Reducing global imbalances: can fixed exchange rates and current account limits help? ⋮ Targeting rules for an open economy ⋮ Foreign exchange intervention and inflation targeting: the role of credibility
Cites Work
This page was built for publication: Evaluating an estimated New Keynesian small open economy model