Search Results - subject:"Taste Shocks"

Gordon, Grey - 2019 - September 11, 2019

Persistent link: https://www.econbiz.de/10012116569

The endogenous grid method for discrete-continuous dynamic choice models with (or without) taste shocks

Iskhakov, Fedor; Jørgensen, Thomas Høgholm; Rust, John; … - In: Quantitative Economics 8 (2017) 2, pp. 317-365

taste shocks that are typically interpreted as 'unobserved state variables' in structural econometric applications, or serve …

Persistent link: https://www.econbiz.de/10011995491

The endogenous grid method for discrete-continuous dynamic choice models with (or without) taste shocks

Iskhakov, Fedor; Jørgensen, Thomas H.; Rust, John; … - In: Quantitative economics : QE ; journal of the … 8 (2017) 2, pp. 317-365

taste shocks that are typically interpreted as “unobserved state variables” in structural econometric applications, or serve …

Persistent link: https://www.econbiz.de/10011801539

Public consumption over the business cycle

Bachmann, Rüdiger; Bai, Jinhui H. - In: Quantitative Economics 4 (2013) 3, pp. 417-451

Persistent link: https://www.econbiz.de/10011599644

Public consumption over the business cycle

Bachmann, Ruediger; Bai, Jinhui H. - In: Quantitative economics : QE ; journal of the … 4 (2013) 3, pp. 417-451

synchronized with the cycle. We add implementation lags and implementation costs in the budgeting process to the model, plus taste … shocks for public consumption relative to private consumption, and achieve a better fit to the data. All these ingredients …

Persistent link: https://www.econbiz.de/10011757080

State-Uncertainty preferences and the Risk Premium in the Exchange rate market

Jimenez-Martin, Juan Angel Jimenez Martin; Cinca, … - Facultad de Ciencias Económicas y Empresariales, … - 2009

This paper introduces state-uncertainty preferences into the Lucas (1982) economy, showing that this type of preferences helps to explain the exchange rate risk premium. Under these preferences we can distinguish between two factors driving the exchange rate risk premium: “macroeconomic...

Persistent link: https://www.econbiz.de/10005012105

Using Long-Run Restrictions to Investigate the Sources of Exchange Rate Fluctuations

Tien, Pao-Lin - Economics Department, Wesleyan University - 2009

rate. Instead, “taste shocks” that can be associated with the degree of trade openness, terms of trade, and current account …

Persistent link: https://www.econbiz.de/10008609708

International business cycles, financial markets and household production

Canova, Fabio; Ubide, Ángel J. - Department of Economics and Business, Universitat … - 1997

This paper investigates the properties of an international real business cycle model with household production. We show that a model with disturbances to both market and household technologies reproduces the main regularities of the data and improves existing models in matching international...

Persistent link: https://www.econbiz.de/10005771962