DSGE model-based estimation of the New Keynesian Phillips curve
F Schorfheide - FRB Richmond Economic Quarterly, 2008 - papers.ssrn.com
This paper surveys estimates of New Keynesian Phillips curve (NKPC) parameters that have
been obtained by fitting fully specified dynamic stochastic general equilibrium (DSGE) …
been obtained by fitting fully specified dynamic stochastic general equilibrium (DSGE) …
Sticky prices in the euro area: a summary of new micro-evidence
This paper summarises the vast evidence on micro price-setting recently obtained for euro
area countries. We consider studies with micro data on consumer and producer prices, as …
area countries. We consider studies with micro data on consumer and producer prices, as …
Price setting in the euro area: some stylised facts from individual producer price data
This paper documents producer price setting in 6 countries of the euro area: Germany,
France, Italy, Spain, Belgium and Portugal. It collects evidence from available studies on …
France, Italy, Spain, Belgium and Portugal. It collects evidence from available studies on …
Hackerspaces: a case study in the creation and management of a common pool resource
MR Williams, JC Hall - Journal of Institutional Economics, 2015 - cambridge.org
Hackerspaces are community-operated physical places where individuals get together to
build things. While the organization itself is private, the 'space'that is created for individuals …
build things. While the organization itself is private, the 'space'that is created for individuals …
Towards a monetary policy evaluation framework
Advances in the development of Dynamic Stochastic General Equilibrium (DSGE) models
towards medium-scale structural frameworks with satisfying data coherence have …
towards medium-scale structural frameworks with satisfying data coherence have …
A comparison of structural productivity levels in the major industrialised countries
Hourly labour productivity levels in a number of European countries are thought to be very
close to, or possibly even higher than the level'observed'in the United States. At the same …
close to, or possibly even higher than the level'observed'in the United States. At the same …
Is the inflation–output Nexus asymmetric in the Euro area?
This paper challenges the assumption that the inflation process within the Euro area is well-
described by a linear accelerationist Phillips curve and investigates a nonparametric …
described by a linear accelerationist Phillips curve and investigates a nonparametric …
Moment matching versus Bayesian estimation: Backward-looking behaviour in a New-Keynesian baseline model
R Franke, TS Jang, S Sacht - The North American Journal of Economics …, 2015 - Elsevier
The paper considers an elementary New-Keynesian three-equation model and compares its
Bayesian estimation based on conventional priors to the results from the method of moments …
Bayesian estimation based on conventional priors to the results from the method of moments …
La modélisation macro-économétrique dynamique
P Fève - Revue d'économie politique, 2006 - shs.cairn.info
Université de Toulouse (GREMAQ et IDEI) et Banque de France (CRECH). Adresse:
GREMAQ-Université de Toulouse I, manufacture des Tabacs, Aile Jean-Jacques Laffont …
GREMAQ-Université de Toulouse I, manufacture des Tabacs, Aile Jean-Jacques Laffont …
How well does sticky information explain the dynamics of inflation, output, and real wages?
JA Carrillo - Journal of Economic Dynamics and Control, 2012 - Elsevier
This paper finds that a model with sticky information is less successful than a standard
model featuring nominal rigidities, inflation indexation, and habits in generating the …
model featuring nominal rigidities, inflation indexation, and habits in generating the …