• Title of article

    Monetary models and technology shocks

  • Author/Authors

    Liam Graham، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2003
  • Pages
    7
  • From page
    47
  • To page
    53
  • Abstract
    Adding variable capital utilisation to a dynamic new Keynesian (DNK) framework gives a model which can produce realistic responses to both technology and monetary shocks. This requires the assumption of a much lower level of nominal rigidity than is usual
  • Keywords
    Calibration , Dynamic general equilibrium , Technology shocks , Monetary shocks
  • Journal title
    Economics Letters
  • Serial Year
    2003
  • Journal title
    Economics Letters
  • Record number

    435265

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=435265