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AN OPEN ECONOMY NEW KEYNESIAN DSGE MODEL OF THE SOUTH AFRICAN ECONOMY

✍ Scribed by Mr Steinbach; Pt Mathuloe; Bw Smit


Book ID
118086044
Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
515 KB
Volume
77
Category
Article
ISSN
0038-2280

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## Abstract This paper develops a New‐Keynesian Dynamic Stochastic General Equilibrium (NKDSGE) model for forecasting the growth rate of output, inflation, and the nominal short‐term interest rate (91 days Treasury Bill rate) for the South African economy. The model is estimated via maximum likelih