[HTML][HTML] A HANK2 model of monetary unions
How does a monetary union alter the impact of business cycle shocks at the household
level? We develop a Heterogeneous Agent New Keynesian model of two countries (HANK …
level? We develop a Heterogeneous Agent New Keynesian model of two countries (HANK …
[PDF][PDF] United in Diversity: A HANK2 model of monetary unions
C Bayer, A Kriwoluzky, G Muller, F Seyrich - 2022 - congress-files.s3.amazonaws.com
The heterogeneity of monetary unions is much discussed ever since Mundell (1961).
Traditionally, the focus is heterogeneity at the macro level and on whether countries benefit …
Traditionally, the focus is heterogeneity at the macro level and on whether countries benefit …
Five Essays in Macroeconomics
F Seyrich - 2024 - refubium.fu-berlin.de
Heterogeneous-Agent New Keynesian models (HANK)---which replace the representative
household by a whole distribution of households---are the about to become the new state-off …
household by a whole distribution of households---are the about to become the new state-off …