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Finance and Economics Discussion Series - Natural Rate Measures in an Estimated Dsge Model of the U.S. Economy (Paperback) Loot Price: R432
Discovery Miles 4 320
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Finance and Economics Discussion Series - Natural Rate Measures in an Estimated Dsge Model of the U.S. Economy (Paperback):...

Finance and Economics Discussion Series - Natural Rate Measures in an Estimated Dsge Model of the U.S. Economy (Paperback)

Rochelle M. Edge

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Loot Price R432 Discovery Miles 4 320

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This paper presents a monetary DSGE model of the U.S. economy. The model captures the most important production, expenditure, and nominal-contracting decisions underlying economic data while remaining sufficiently small to allow it to provide a clear interpretation of the data. We emphasize the role of model-based analyses as vehicles for storytelling by providing several examples--based around the evolution of natural rates of production and interest--of how our model can provide narratives to explain recent macroeconomic fluctuations. The stories obtained from our model are both similar to and quite different from conventional accounts.

General

Imprint: Bibliogov
Country of origin: United States
Release date: February 2013
First published: February 2013
Authors: Rochelle M. Edge
Dimensions: 246 x 189 x 2mm (L x W x T)
Format: Paperback - Trade
Pages: 32
ISBN-13: 978-1-288-70887-1
Categories: Books > Social sciences > Politics & government > General
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LSN: 1-288-70887-4
Barcode: 9781288708871

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