One Who Hesitates Is Lost: Monetary Policy Under Model Uncertainty and Model Misspecification
This paper investigates how different parametrisations of the monetary policy reaction function and different mechanisms of expectation formation shape the macroeconomic outcomes in the estimated Smets–Wouters type of DSGE model. The initial macroeconomic conditions of the simulations correspond to...
I tiakina i:
| Kaituhi matua: | |
|---|---|
| Hōputu: | Artigo |
| Reo: | Inglês |
| I whakaputaina: |
MDPI AG
2025-02-01
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| Rangatū: | Economies |
| Ngā marau: | |
| Urunga tuihono: | https://www.mdpi.com/2227-7099/13/2/34 |
| Ngā Tūtohu: |
Kāore He Tūtohu, Me noho koe te mea tuatahi ki te tūtohu i tēnei pūkete!
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