Tools
Sorted by:
Try your query at:
 |
 |
 |
 |
 |
 |
Results 1 - 10
of
1,497
A Guide To Frb/global
, 1997
"... : This paper describes the structure and illustrates the key features of FRB/Global, a large-scale macroeconomic model used in analyzing exogenous shocks and alternative policy responses in foreign economies and in examining the impact of these external shocks on the U.S. economy. FRB/Global imposes ..."
Abstract
-
Cited by 9 (1 self)
- Add to MetaCart
: This paper describes the structure and illustrates the key features of FRB/Global, a large-scale macroeconomic model used in analyzing exogenous shocks and alternative policy responses in foreign economies and in examining the impact of these external shocks on the U.S. economy. FRB
Robustness of simple monetary policy rules under model uncertainty
- MONETARY POLICY RULES
, 1999
"... In this paper, we investigate the properties of alternative monetary policy rules using four structural macroeconometric models: the Fuhrer-Moore model, Taylor’s Multi-Country Model, the MSR model of Orphanides and Wieland, and the FRB staff model. All four models incorporate the assumptions of rat ..."
Abstract
-
Cited by 240 (31 self)
- Add to MetaCart
In this paper, we investigate the properties of alternative monetary policy rules using four structural macroeconometric models: the Fuhrer-Moore model, Taylor’s Multi-Country Model, the MSR model of Orphanides and Wieland, and the FRB staff model. All four models incorporate the assumptions
Developments in the Measurement of Subjective Well-Being
- Psychological Science.
, 1993
"... F or good reasons, economists have had a long-standing preference for studying peoples' revealed preferences; that is, looking at individuals' actual choices and decisions rather than their stated intentions or subjective reports of likes and dislikes. Yet people often make choices that b ..."
Abstract
-
Cited by 284 (7 self)
- Add to MetaCart
that bear a mixed relationship to their own happiness. A large literature from behavioral economics and psychology finds that people often make inconsistent choices, fail to learn from experience, exhibit reluctance to trade, base their own satisfaction on how their situation compares with the satisfaction
Monetary Policy under Uncertainty
- IN MICRO-FOUNDED MACROECONOMETRIC MODELS, NBER MACROECONOMICS ANNUAL
, 2005
"... We use a micro-founded macroeconometric modeling framework to investigate the design of monetary policy when the central bank faces uncertainty about the true structure of the economy. We apply Bayesian methods to estimate the parameters of the baseline specification using postwar U.S. data and then ..."
Abstract
-
Cited by 245 (14 self)
- Add to MetaCart
We use a micro-founded macroeconometric modeling framework to investigate the design of monetary policy when the central bank faces uncertainty about the true structure of the economy. We apply Bayesian methods to estimate the parameters of the baseline specification using postwar U.S. data
A Guide to FRB/US - A Macroeconomic Model of the United States
, 1996
"... : FRB/US is a large-scale quarterly econometric model of the U.S. economy, developed to replace the MPS model. Most behavioral equations are based on specifications of optimizing behavior containing explicit expectations of firms, households, and financial markets. Although expectations are explicit ..."
Abstract
-
Cited by 60 (2 self)
- Add to MetaCart
: FRB/US is a large-scale quarterly econometric model of the U.S. economy, developed to replace the MPS model. Most behavioral equations are based on specifications of optimizing behavior containing explicit expectations of firms, households, and financial markets. Although expectations
A Guide to FRB/US A Macroeconomic Model of the United States
, 1996
"... Abstract: FRB/US is a large-scale quarterly econometric model of the U.S. economy, developed to replace the MPS model. Most behavioral equations are based on specifications of optimizing behavior containing explicit expectations of firms, households, and financial markets. Although expectations are ..."
Abstract
- Add to MetaCart
Abstract: FRB/US is a large-scale quarterly econometric model of the U.S. economy, developed to replace the MPS model. Most behavioral equations are based on specifications of optimizing behavior containing explicit expectations of firms, households, and financial markets. Although expectations
Inflation and Unemployment in a Macroeconometric Model
"... The main question of this conference is why there has recently been both high inflation and high unemployment in the U.S. economy. The purpose of this paper is to consider this question within the context of a macroeconometric model. Much of the literature on inflation and unemployment since Phillip ..."
Abstract
-
Cited by 1 (1 self)
- Add to MetaCart
The main question of this conference is why there has recently been both high inflation and high unemployment in the U.S. economy. The purpose of this paper is to consider this question within the context of a macroeconometric model. Much of the literature on inflation and unemployment since
Lexicographic All Circuits Enumeration in Large Scale Macro-econometric Models
"... Abstract—This contribution is deliberately application-oriented. Conversely, the considered application introduces new circumstances and helpful designs for the graph techniques and interpretations. This study seeks to improve the knowledge of the the cyclical structure of macro-econometric models. ..."
Abstract
- Add to MetaCart
Abstract—This contribution is deliberately application-oriented. Conversely, the considered application introduces new circumstances and helpful designs for the graph techniques and interpretations. This study seeks to improve the knowledge of the the cyclical structure of macro-econometric models
The Time-Varying Volatility of Macroeconomic Fluctuations
, 2006
"... In this paper we investigate the sources of the important shifts in the volatility of U.S. macroeconomic variables in the postwar period. To this end, we propose the estimation of DSGE models allowing for time variation in the volatility of the structural innovations. We apply our estimation strate ..."
Abstract
-
Cited by 160 (5 self)
- Add to MetaCart
strategy to a large-scale model of the business cycle and find that investment specific technology shocks account for most of the sharp decline in volatility of the last two decades.
Results 1 - 10
of
1,497
