ECONOMICSThis study examines the effects of adjustment costs on investment and the under-utilization of maximum installed capacity within the South Korea using a New Keynesian business cycle with Bayesian approach.
Al Mamun Tuhin G M, Ehsanullah
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An essay on the history of DSGE models [PDF]
arXivDynamic Stochastic General Equilibrium (DSGE) models are nowadays a crucial quantitative tool for policy-makers. However, they did not emerge spontaneously. They are built upon previously established ideas in Economics and relatively recent advancements in Mathematics.
arxiv
Critical Mathematical Economics and Progressive Data Science [PDF]
arXivThe aim of this article is to present elements and discuss the potential of a research program at the intersection between mathematics and heterodox economics, which we call Criticial Mathematical Economics (CME). We propose to focus on the mathematical and model-theoretic foundations of controversies in economic policy, and aim at providing an ...
arxiv
Rethinking the implications of monetary policy: How a transactions role for money transforms the predictions of our leading models [PDF]
Over the past several decades, economists have devoted ever-growing effort to developing economic models to help us understand how changes in interest rates brought about by monetary policy actions affect the production and provision of goods and ...
Julia Thomas
core
On the Low Degree of Entropy Implied by the Solutions of Modern Macroeconomic Models. [PDF]
Entropy (Basel), 2022 Nymoen R.
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Cuadernos de Economía, 1994 Romer, David. ''The New Keynesian Sinthesis", Journal<br />ofEconomic Perspectives, v. 7, n. 1, invierno de 1993, 7-22. / Tobin James. "Price Flexibility and Output Stability: An Old<br />Keynesian View", joumal 0f Economic Perspectives, v. 7,
Cuadernos de Economía Revista
doaj
Looking for the microfoundations : nominal rigidities and the New Keynesian economics
, 2002 Izabela Bludnik, Jacek Wallusch
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The elusive welfare economics of price stability as a monetary policy objective: why New Keynesian central bankers should validate core inflation [PDF]
The paper studies the inflation rate associated with optimal monetary and fiscal policy in a number of standard dynamic stochastic general equilibrium models with nominal price rigidities.
Buiter, Willem H.
core
Monetary policy and new-keynesian macroeconomics [PDF]
, 2011 New-Keynesian Dynamic Stochastic General Equilibrium (DSGE) models are important tools for analyzing modern monetary economics and policy. The genre of the New-Keynesian DSGE model is divided into two broad categories. These are, (i) the sticky price New-
Chattopadhyay, Siddhartha
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The symmetric and asymmetric impacts of external debt on economic growth in Tunisia: evidence from linear and nonlinear ARDL models. [PDF]
SN Bus Econ, 2023 Aloulou R, Kalai M, Helali K.
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