Putting the New Keynesian Model to a Test

Putting the New Keynesian Model to a Test
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 reproducing the dynamic behavior of an economy following structural shocks is still disputed. This paper attempts to shed light on this... READ MORE...

Publication date: May 2006
ISBN 9781451863956
$15.00

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