Barrell, Ray; Becker, Bettina; Byrne, Joseph P.; … - 2003 - [Elektronische Ressource]
Institute’s
large-scale macroeconometric model. NiGEM is a ‘New-Keynesian’ model where
agents display forward looking …
experiment.
2. Modelling the Economy
NiGEM is an estimated model, which uses a ‘New-Keynesian’ framework in
that agents are …