Assessing Dsge Models with Capital Accumulation and Indeterminacy /

Assessing Dsge Models with Capital Accumulation and Indeterminacy /

The simulated results of this paper show that New Keynesian DSGE models with capital accumulation can generate substantial persistencies in the dynamics of the main economic variables, due to the stock nature of capital. Empirical estimates on U.S. data from 1960:I to 2008:I show the response of mon...

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Bibliografiske detaljer
Hovedforfatter:	Khramov, Vadim
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2012.
Serier:	IMF Working Papers; Working Paper ; No. 2012/083
Online adgang:	Full text available on IMF

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