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Disinflation Shocks in the Eurozone: A DSGE Perspective

✍ Scribed by PATRICK FÈVE; JULIEN MATHERON; JEAN-GUILLAUME SAHUC

Book ID
109147045
Publisher
John Wiley and Sons
Year
2010
Tongue
English
Weight
863 KB
Volume
42
Category
Article
ISSN
0022-2879

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## Abstract This paper estimates a DSGE model with many types of shocks and frictions for both the US and the euro area economy over a common sample period (1974–2002). The structural estimation methodology allows us to investigate whether differences in business cycle behaviour are due to differen