We use a small open economy general equilibrium model to analyse the effects of a fiscal devaluation in an EMU country. The model has been calibrated for the Spanish economy …
N Gadatsch, N Stähler, B Weigert - Journal of Macroeconomics, 2016 - Elsevier
In this paper, we assess the impact of major German structural reforms from 1999 to 2008 on key macroeconomic variables. These reforms, especially the Hartz labor market reforms, are …
MG Attinasi, D Prammer, N Stähler, M Tasso… - 2016 - econstor.eu
Budget-neutral tax wedge reductions rank high in the policy agenda of several EMU member states. Using a New Keynesian DSGE model of a monetary union with a complex …
K Ruppert, N Stähler - Economic Modelling, 2022 - Elsevier
In this paper, we analyze structural changes and dynamic adjustments in a three-region open-economy New Keynesian model with search and matching labor market and a life …
G Motta, P Tirelli - Journal of Money, Credit and Banking, 2012 - Wiley Online Library
The combination of limited asset market participation and consumption habits generates indeterminacy for empirically plausible calibrations of a business cycle model characterized …
B Garcıa, S Guarda, M Kirchner… - Banco Central de …, 2019 - imfs-frankfurt.de
Abstract The Extended Model for Analysis and Simulations (Xmas) is the Central Bank of Chile's newest dynamic stochastic general equilibrium (DSGE) model. Designed for …
We study the size of government spending multipliers in a general equilibrium model with search and matching frictions in which we allow for different levels of household …
Page 1 Dalgſave macmillan The Spanish Economy A General Equilibrium Perspective José E.Boscà Rafael Doménech Javier Ferri Juan Varela Page 2 The Spanish Economy Page 3 …
S Moyen, N Stähler - Macroeconomic Dynamics, 2014 - cambridge.org
The aim of this paper is to study the optimal duration of unemployment benefit entitlement across the business cycle. We analyze whether the entitlement duration should be …