DSGE Models for Monetary Policy Analysis

Monetary DSGE models are widely used because they fit the data well and can be used to address important monetary policy questions. We provide a selective review of these developments. Policy analysis with DSGE models requires using data to assign numerical values to model parameters. The paper describes and implements Bayesian moment matching and impulse response matching procedures for this purpose

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Year of publication:	2014
Authors:	Christiano, Lawrence J.
Other Persons:	Trabandt, Mathias (contributor) ; Walentin, Karl (contributor)
Publisher:	[2014]: [S.l.] : SSRN
Subject:	Geldpolitik \| Monetary policy \| Dynamisches Gleichgewicht \| Dynamic equilibrium \| Theorie \| Theory \| DSGE-Modell \| DSGE model \| Wissenschaftliche Methode \| Scientific method \| Wirkungsanalyse \| Impact assessment

Extent:	1 Online-Ressource (94 p)
Series:	Federal Reserve Bank of Atlanta CQER Working Paper ; No. 10-02
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 2010 erstellt
Other identifiers:	10.2139/ssrn.1680621 [DOI]
Classification:	E2 - Consumption, Saving, Production, Employment, and Investment ; E3 - Prices, Business Fluctuations, and Cycles ; E5 - Monetary Policy, Central Banking and the Supply of Money and Credit ; J6 - Mobility, Unemployment, and Vacancies
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013069243