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Putting the New Keynesian Model to a Test

Putting the New Keynesian Model to a Test »

Source: Putting the New Keynesian Model to a Test

Volume/Issue: 2006/135

Series: IMF Working Papers

Author(s): Roland Straub , and Gert Peersman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

ISBN: 9781451863956

Keywords: DSGE models, sign restrictions, government spending, real wages, private consumption, aggregate demand, Multiple or Simultaneous Equation Models: Time-Series Models, Model Construction and Estimation,

In recent years, New Keynesian dynamic stochastic general equilibrium (NK DSGE) models have become increasingly popular in the academic literature and in policy analysis. However, the success of these models in rep...

Putting the New Keynesian Model to a Test

Putting the New Keynesian Model to a Test »

Volume/Issue: 2006/135

Series: IMF Working Papers

Author(s): Roland Straub , and Gert Peersman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

DOI: http://dx.doi.org/10.5089/9781451863956.001

ISBN: 9781451863956

Keywords: DSGE models, sign restrictions, government spending, real wages, private consumption, aggregate demand, Multiple or Simultaneous Equation Models: Time-Series Models, Model Construction and Estimation,

In recent years, New Keynesian dynamic stochastic general equilibrium (NK DSGE) models have become increasingly popular in the academic literature and in policy analysis. However, the success of these models in rep...