- specifically, volatility clustering effectively captured by a GARCH model - this approach achieves global identification of shocks …

Heterogeneous Agent New Keynesian (HANK) model with household portfolio choice, wage and price rigidities, endogenous unemployment … contribution of the various channels through which monetary policy affects inequality, I estimate the model using Bayesian methods …

an error correction model with time-varying parameters. The results indicate that the short-term oil price elasticity of …

economic development level, the study employs the panel autoregressive distributed lag (ARDL) model with fixed effect …