Similar Search Results

Firm-Specific Capital, Nominal Rigidities and the Business Cycle

Altig, David - 2009

inflation is inertial. Microeconomic data indicate that firms change prices frequently. We formulate and estimate a model which … resolves this apparent micro - macro conflict. Our model is consistent with post-war U.S. evidence on inflation inertia even …

Persistent link: https://www.econbiz.de/10012721840

Firm-Specific Capital, Nominal Rigidities and the Business Cycle

Altig, David; Christiano, Lawrence J.; Lindé, Jesper - 2010

substantial fraction of the cyclical variation in output and is consistent with the observed inertia in inflation. This is true …

Persistent link: https://www.econbiz.de/10014197143

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

Christiano, Lawrence J.; Eichenbaum, Martin; Evans, … - 2007

inflation and persistence in output. The key features of our model are those that prevent a sharp rise in marginal costs after …

Persistent link: https://www.econbiz.de/10014125007

Firm-specific capital, nominal rigidities and the business cycle

Altig, David; Christiano, Lawrence J.; Eichenbaum, Martin S. - 2004

Persistent link: https://www.econbiz.de/10011584699

Inflation, Minimum Wage and Other Wages: An Econometric Study on French Macroeconomic Data

L'Horty, Yannick; Rault, Christophe - 2003

. Two periods are distinguished: the period of inflation rise from 1970 to 1981, which coincides with an important squeeze …

Persistent link: https://www.econbiz.de/10010261586

Inflation, Minimum Wage and Other Wages : An Econometric Study on French Macroeconomic Data

L'Horty, Yannick; Rault, Christophe - 2021

. Two periods are distinguished: the period of inflation rise from 1970 to 1981, which coincides with an important squeeze …

Persistent link: https://www.econbiz.de/10013319774

Chapter 7. DSGE Models for Monetary Policy Analysis

Christiano, Lawrence J.; Trabandt, Mathias; Walentin, Karl - In: Handbook of monetary economics : volume 3, (pp. 285-367). 2010

Monetary DSGE models are widely used because they fit the data well and they 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...

Persistent link: https://www.econbiz.de/10014025673