The estimated policy impact
Estimated Impact of Competing Policy Recommendations for Age of First Dental Visit
... a policy statement that advocates an oral health assessment of infants by a pediatrician or other qualified pediatric health care professional by 6 months of ...The policy statement recom- mends that ...
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An estimated New Keynesian policy model for Australia
... at impact, lasting for almost 10 ...monetary policy in view of the widening output gap and increasing ...limited impact on domestic ...Monetary policy decisions appear to be largely set ...
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Term Structure and the Estimated Monetary Policy Rule in the Eurozone
... from the steady states of inflation and nominal interest rate associated with a j-period maturity bond, respectively. E t denotes the conditional expectation based on the agents’ information set at time t. χ, ξ {j} , z ...
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Monetary Policy in an Estimated DSGE Model with a Financial Accelerator
... Introduction Policy-makers, academics, and the business media often follow and discuss credit market conditions ...their impact on the cost of external ...
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Monetary Policy in an Estimated DSGE Model with a Financial Accelerator
... the impact on output, investment and hours lingers in the FA model ...positive impact on net worth from the higher return to capital dominates, in part due to the endogenous policy response that ...
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Healthcare Price Transparency: Policy Approaches and Estimated Impacts on Spending
... an estimated $100 billion could be saved over the next 10 years if three select interventions were ...modest impact of plan-based transparency tools, requiring all private plans to provide personalized ...
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Fiscal policy in an estimated open-economy model for the Euro area
... Introduction In recent years considerable progress has been made in the estimation of New-Keynesian dynamic stochastic equilibrium (DSGE) models. Because these models explicitly derive behavioural equations from ...
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Fiscal Policy in Brazil through the Lens of an Estimated DSGE Model
... Figure 14 shows the impulse responses to a temporary total factor productivity shock. On impact, the shock allows firms to cut down on their (nominal) marginal cost and on labor demand. As the prices of ...
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Undocumented Immigrants in Iowa Estimated Tax Contributions and Fiscal Impact
... We assume that the average undocumented immigrant family in Iowa has an annual income of $27,400, which is the Pew Hispanic Center’s estimate of the national average income for such a family. Our estimate of taxes paid ...
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Identifying the role of labor markets for monetary policy in an estimated DSGE model
... While some studies partially analyze the impact of labor market frictions and wage rigidities on business cycle dynamics in New Keynesian models (see, e.g., Christoffel and Linzert, 20[r] ...
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Identifying the role of labor markets for monetary policy in an estimated DSGE model
... 1 A previous version of this paper, circulated as IZA Discussion Paper No. 1902, was titled “The Impact of Labor Markets on the Transmission of Monetary Policy in an Estimated DSGE Model”. We thank ...
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Estimated and optimised monetary policy rules for resource-rich emerging economies.
... optimized policy simulations reveals the government’s borrow- ing limitation due to interactions between the government spending rule and non- Ricardian agents in the ...monetary policy is conducted using a ...
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Identifying the Role of Labor Markets for Monetary Policy in an Estimated DSGE Model
... * A previous version of this paper, circulated as IZA Discussion Paper No. 1902, was titled “The Impact of Labor Markets on the transmission of Monetary Policy in an Estimated DSGE Model”. We thank ...
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Estimated REVENUE Impact of Revenue Alternatives November 2014 Forecast ($ millions)
... Please note that the estimates below are based on either 2010 or 2011 data and forecasts and DO NOT REFLECT what would be shown on a current fiscal note. If you require a current estimate, please contact the Department. ...
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The output gap : what is it, how can it be estimated and are they fit for policy makers' purposes?
... Since this is not the primary focus here, we avoid a full discussion of this point. The problem with balancing the budget during a recession is that the required policies would then exacerbate the downturn: reducing ...
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Estimated Impacts of New Zealand Agriculture Climate Policy: A Tale of Two Catchments
... level policy pricing agricultural GHG emissions such as the NZ-ETS would help reduce some of the regional nutrient leaching rates, hence improving New Zealand’s water bodies without placing additional regulatory ...
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Non-Ricardian Households and Fiscal Policy in an Estimated DSGE Model of the Euro Area
... basis points, with the monetary authority following the estimated policy rule thereafter. Most interestingly, as shown in the upper left panel of the figure, a rise in the short-term nominal interest rate ...
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The output gap : what is it, how can it be estimated and are they fit for policy makers' purposes?
... scal stance requires more than an assessment of the cyclical/structural elements of the Scottish budget. Since this is not the primary focus here, we avoid a full discussion of this point. The problem with balancing the ...
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Monetary and Fiscal Policy in an Estimated DSGE Model for Morocco
... 4. Summary and conclusion Contributing to the comprehension of the effects of monetary and fiscal in Morocco, this work proposes an estimated Dynamic Stochastic Equilibrium Model (DSGE) for the Moroccan economy. ...
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Optimal monetary policy in an estimated DSGE for the euro area
... the estimated residuals obtained from the econometric estimation of the first-order DSGE approximation will be used as structural sources of uncertainty to assess the stabilization prop- erties of optimal ...
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