estimated model
Mortgage Default in an Estimated Model of the U.S. Housing Market
... DSGE model of the ...equilibrium model with neoclassical assumptions and nominal and real rigidities, as the seminal works of Christiano, Eichenbaum and Evans (2005) and Smets and Wouters ...not ...
53
Access to capital in rural Thailand : an estimated model of formal versus informal credit
... All these facts taken together indicate that the presence of enforcement problems, more than transaction costs, is crucial in explaining why formal credit is not accessible to everyone. Indeed, if we compare the ...
41
Housing market spillovers : evidence from an estimated DSGE model
... our estimated model, faster technological progress in the non-housing ...our estimated trends …t well the secular behavior of consumption, investment and house ...the model, the slow rate of ...
58
Monetary Policy in an Estimated DSGE Model with a Financial Accelerator
... sticky-price model with the addition of a financial friction along the lines of Bernanke, Gertler, and Gilchrist’s (1999) finan- cial ...the estimated model’s ...the model: one with and one without ...
45
Identifying the role of labor markets for monetary policy in an estimated DSGE model
... the estimated model with the response in a model assuming flexible ...bargaining model, period profits and wages are tightly positively linked, ...efficient-bargaining model used e.g. ...
63
Housing market spillovers: Evidence from an estimated DSGE model
... the model on quarterly data over the period ...the model are driven by nine orthogonal structural ...the model includes two monetary shocks (a transitory “monetary policy” shock, and a persistent ...
70
An Estimated DSGE Model of the Indian Economy
... 2-sector model reported in Table ...the estimated model suggests that a great deal more volatility is being transmitted persistently by the fiscal side of the Indian ...
55
An Estimated DSGE Model of the Indian Economy
... 2-sector model reported in Table ...the estimated model suggests that a great deal more volatility is being transmitted persistently by the fiscal side of the Indian ...
58
QUEST III: an estimated DSGE model of the euro area with fiscal and monetary policy
... the estimated model to a government consumption, investment and transfers shock ...a model with sticky prices can account for a positive consumption response to a government spending ...their ...
58
Fiscal policy in an estimated open-economy model for the Euro area
... the estimated persistence (dotted ...the model without fiscal policy reactions (dotted lines) aggregate consumption is also ...the estimated model with active fiscal policy, transfers fall as ...
58
Identifying the Role of Labor Markets for Monetary Policy in an Estimated DSGE Model
... the estimated model with the response in a model assuming flexible ...bargaining model, period profits and wages are tightly positively linked, ...efficient-bargaining model used e.g. ...
58
Non-Ricardian Households and Fiscal Policy in an Estimated DSGE Model of the Euro Area
... the estimated share of non-Ricardian households in the euro area is relatively small, suggesting that financial deregulation over the last two decades has lowered financial-market participation costs and lending ...
37
Measures of Potential Output from an Estimated DSGE Model of the United States
... The difficulties with the empirical performance of New Keynesian models have led different researchers to very different conclusions about the usefulness of structural modeling of the in- flation process. On the one hand ...
80
Stock market wealth effects in an estimated DSGE model for Hong Kong
... posterior distributions for the parameters and shocks are given. Overall, all param- eters seem to be well identified, as shown by the fact that the posterior distribution is not centered on the prior or it is centered ...
43
An Estimated Two-Country DSGE Model for the Euro Area and the US Economy
... A very di¤erent picture occurs when we consider the version of the model with a lower elasticity of substitution. Corsetti et al. (2003) recently discussed the importance of the intratemporal substitution ...
52
An Estimated Bayesian DSGE Model for Kazakhstan
... the model are used to determine unobservable state variables of the model and assess the contribution of structural ...the estimated output gap has been negative during the Great Recession and oil ...
25
Effect of unrepresented model errors on estimated soil hydraulic material properties
... Unrepresented model errors influence the estima- tion of effective soil hydraulic material ...required model complexity for a consistent description of the measurement data is application dependent and ...
22
An estimated stochastic dynamic general equilibrium model of the euro area
... SDGE model that we estimate in Section 3. The model is an application of the real business cycle (RBC) methodology to an economy with sticky prices and ...Calvo model. The Calvo model in both ...
70
Productivity shocks and aggregate cycles in an estimated endogenous growth model
... growth model, this paper explores how productivity shocks in the goods and human capital producing sectors contribute to explaining aggregate cycles in output, consump- tion, investment and ...capital model ...
39
Influence of cracking clays on satellite estimated and model simulated soil moisture
... Abstract. Vertisols are clay soils that are common in the monsoonal and dry warm regions of the world. One of the characteristics of these soil types is to form deep cracks dur- ing periods of extended dry, resulting in ...
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