Indeterminate Equilibria in New Keynesian DSGE Model: An Application to the US Great Moderation
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More about this item
Keywords
The Great Moderation; Indeterminacy; Determinate Equilibrium; New Keynesian DSGE Model; Monetary Policy; Sunspot shocks;All these keywords.
JEL classification:
- E0 - Macroeconomics and Monetary Economics - - General
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2008-09-13 (Central Banking)
- NEP-DGE-2008-09-13 (Dynamic General Equilibrium)
- NEP-MAC-2008-09-13 (Macroeconomics)
- NEP-MON-2008-09-13 (Monetary Economics)
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