Markets are artifacts of language—so Douglas R. Holmes argues in this deeply researched look at central banks and the people who run them. Working at the intersection of …
In this paper, I review the literature on the formulation and estimation of dynamic stochastic general equilibrium (DSGE) models with a special emphasis on Bayesian methods. First, I …
WW Dou, AW Lo, A Muley, H Uhlig - Annual Review of Financial …, 2020 - annualreviews.org
We provide a critical review of macroeconomic models used for monetary policy at central banks from a finance perspective. We review the history of monetary policy modeling, survey …
T Davig, EM Leeper - American Economic Review, 2007 - aeaweb.org
The paper generalizes the Taylor principle—the proposition that central banks can stabilize the macroeconomy by raising their interest rate instrument more than one-for-one in …
In this paper, we describe a new multi-country open economy SDGE model named SIGMA that we have developed as a quantitative tool for policy analysis. We compare SIGMA's …
The adoption as policy models by central banks of representative agent New Keynesian dynamic stochastic general equilibrium models has been widely criticised, including for their …
This fully revised second edition of Bain and Howells' Monetary Economics provides an up- to-date examination of monetary policy as it is practised and the theory underlying it. The …
S Burgess, E Fernandez-Corugedo, C Groth… - 2013 - researchgate.net
This paper introduces the Bank of England's new forecasting platform and provides examples of how it can be applied to practical forecasting problems. The platform consists of …
Bibliography | Emerald Insight Books and journals Case studies Expert Briefings Open Access Publish with us Advanced search Bibliography Perry Warjiyo Solikin M. Juhro …