## Abstract This paper develops a NewβKeynesian Dynamic Stochastic General Equilibrium (NKDSGE) model for forecasting the growth rate of output, inflation, and the nominal shortβterm interest rate (91 days Treasury Bill rate) for the South African economy. The model is estimated via maximum likelih
β¦ LIBER β¦
Expectation traps in a new Keynesian open economy model
β Scribed by David M. Arseneau
- Publisher
- Springer
- Year
- 2010
- Tongue
- English
- Weight
- 474 KB
- Volume
- 49
- Category
- Article
- ISSN
- 0938-2259
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