Bayesian estimation of an open economy DSGE model with incomplete pass-through
Tóm tắt
Từ khóa
Tài liệu tham khảo
Adolfson, 2005, Bayesian estimation of an open economy DSGE model with incomplete pass-through, vol. 179
Adolfson, 2006, Appendix to: Bayesian Estimation of an Open Economy DSGE Model with Incomplete Pass-Through
Adolfson, M., Lindé, J., Villani, M., in press. Forecasting performance of an open economy DSGE model, Econometric Reviews. Working Paper, vol. 190. Sveriges Riksbank.
Altig, 2003, The Role of Monetary Policy in the Propagation of Technology Shocks
Altig, 2004, Firm-specific capital, nominal rigidities and the business cycle, vol. 176
Ambler, 2004, Optimal taylor rules in an estimated model of a small open economy, vol. 2004-36
Angeloni, 2003, The output composition puzzle: a difference in the monetary transmission mechanism in the Euro area and U.S., Journal of Money, Credit and Banking, 35, 1265, 10.1353/mcb.2004.0018
Bouakez, 2005, Nominal rigidity, desired markup variations, and real exchange rate persistence, Journal of International Economics, 66, 49, 10.1016/j.jinteco.2004.03.004
Calvo, 1983, Staggered prices in a utility maximizing framework, Journal of Monetary Economics, 12, 383, 10.1016/0304-3932(83)90060-0
Christiano, 2005, Nominal rigidities and the dynamic effects of a shock to monetary policy, Journal of Political Economy, 113, 1, 10.1086/426038
Collard, 2002, Exchange rate systems and macroeconomic stability, Journal of Monetary Economics, 49, 571, 10.1016/S0304-3932(02)00101-0
Corsetti, 2001, Welfare and macroeconomic interdependence, Quarterly Journal of Economics, 116, 421, 10.1162/00335530151144069
de Walque, 2005, An Open Economy DSGE Model Linking the Euro Area and the US Economy
Del Negro, M., F. Schorfheide, F. Smets and R. Wouters, in press. On the fit and forecasting performance of new Keynesian models, Journal of Business and Economic Statistics. Working Paper, No 2004-37. Federal Reserve Bank of Atlanta.
Devereux, 2002, Exchange rate pass-through, exchange rate volatility and exchange rate disconnect, Journal of Monetary Economics, 49, 913, 10.1016/S0304-3932(02)00130-7
Duarte, 2005, Rational speculation and exchange rates, Journal of Monetary Economics, 52, 3, 10.1016/j.jmoneco.2004.08.004
Eichenbaum, 1995, Some empirical evidence on the effects of shocks to monetary policy on exchange rates, Quarterly Journal of Economics, 110, 975, 10.2307/2946646
Erceg, 2000, Optimal monetary policy with staggered wage and price contracts, Journal of Monetary Economics, 46, 281, 10.1016/S0304-3932(00)00028-3
Fagan, 2005, An area-wide model for the Euro area, Economic Modelling, 22, 39, 10.1016/j.econmod.2004.04.002
Faust, 2003, Monetary policy's role in exchange rate behavior, Journal of Monetary Economics, 50, 1403, 10.1016/j.jmoneco.2003.08.003
Galí, 2005, Monetary policy and exchange rate volatility in a small open economy, Review of Economic Studies, 72, 707, 10.1111/j.1467-937X.2005.00349.x
Galí, 2001, European inflation dynamics, European Economic Review, 45, 1237, 10.1016/S0014-2921(00)00105-7
Gelman, 2004
Geweke, 1999, Using simulation methods for Bayesian econometrics models: inference, development and communication, Econometric Reviews, 18, 1, 10.1080/07474939908800428
Hamilton, 1994
Justiniano, 2004, Small Open Economy DSGE Models: Specification, Estimation and Model Fit
Kollmann, 2001, The exchange rate in a dynamic-optimizing business cycle model with nominal rigidities: a quantitative investigation, Journal of International Economics, 55, 243, 10.1016/S0022-1996(01)00087-3
Lindé, 2003, Comment on the output composition puzzle: a difference in the monetary transmission mechanism in the Euro area and U.S. by Angeloni, I., Kasyap, A.K., Mojon, B. and D. Terlizzese, Journal of Money, Credit and Banking, 35, 1309, 10.1353/mcb.2004.0032
Lindé, 2003, Monetary Policy in an Estimated Open-Economy Model with Imperfect Pass-Through, vol. 167
Lubik, 2005, A Bayesian look at new open economy macroeconomics
Lundvik, 1992, Foreign demand and domestic business cycles: Sweden 1891–1987, chapter 3 in business cycles and growth, vol. 22
Mash, 2004, Optimising microfoundations for inflation persistence, vol. 183
Obstfeld, 2000, The six major puzzles in international macroeconomics: is there a common cause?
Onatski, 2004, Empirical and Policy Performance of a Forward-Looking Monetary Model
Rabanal, 2006, Euro–Dollar real exchange rare dynamics in an estimated two-country model: what is important and what is not?, vol. 06/177
Schmitt-Grohé, 2001, Stabilization policy and the cost of dollarization, Journal of Money, Credit and Banking, 33, 482, 10.2307/2673912
Schorfheide, 2000, Loss function-based evaluation of DSGE models, Journal of Applied Econometrics, 15, 645, 10.1002/jae.582
Smets, 2002, Openness, imperfect exchange rate pass-through and monetary policy, Journal of Monetary Economics, 49, 913, 10.1016/S0304-3932(02)00126-5
Smets, 2003, An estimated dynamic stochastic general equilibrium model of the Euro area, Journal of the European Economic Association, 1, 1123, 10.1162/154247603770383415
Smets, 2005, Comparing shocks and frictions in US and Euro area Business cycles: a Bayesian DSGE approach, Journal of Applied Econometrics, 20, 161, 10.1002/jae.834
Woodford, 2003