Sticky Information in General Equilibrium
The general-equilibrium model with sticky information. An algorithm study the model’s dynamic properties. Variance decompositions show that monetary policy and aggregate demand shocks account for most of the variance of ination, output, and hours.
| Рубрика | Экономика и экономическая теория |
| Вид | статья |
| Язык | английский |
| Дата добавления | 28.06.2013 |
| Размер файла | 318,2 K |
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