𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Expectation traps in a new Keynesian open economy model

✍ Scribed by David M. Arseneau


Publisher
Springer
Year
2010
Tongue
English
Weight
474 KB
Volume
49
Category
Article
ISSN
0938-2259

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


A New-Keynesian DSGE model for forecasti
✍ Guangling β€˜Dave’ Liu; Rangan Gupta; Eric Schaling πŸ“‚ Article πŸ“… 2009 πŸ› John Wiley and Sons 🌐 English βš– 195 KB πŸ‘ 1 views

## 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

A model of inflation targeting in an ope
✍ Jay H. Levin πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 186 KB

## Abstract This paper develops a model of inflation targeting in a small open economy under floating exchange rates. The central bank follows a simple Taylor rule to achieve a target inflation rate, and the inflation process itself is determined by an expectations augmented Phillips curve mechanis