Abstract

http://ssrn.com/abstract=1624115
 
 

References (91)



 
 

Citations (14)



 


 



DSGE Models for Monetary Policy Analysis


Lawrence J. Christiano


Northwestern University; Federal Reserve Bank of Cleveland; Federal Reserve Bank of Chicago; Federal Reserve Bank of Minneapolis; National Bureau of Economic Research (NBER)

Mathias Trabandt


Federal Reserve Board; Sveriges Riksbank

Karl Walentin


Sveriges Riksbank

June 2010

NBER Working Paper No. w16074

Abstract:     
Monetary DSGE models are widely used because they fit the data well and they can be used to address important monetary policy questions. We provide a selective review of these developments. Policy analysis with DSGE models requires using data to assign numerical values to model parameters. The chapter describes and implements Bayesian moment matching and impulse response matching procedures for this purpose.

Number of Pages in PDF File: 95

working papers series


Download This Paper

Date posted: June 14, 2010  

Suggested Citation

Christiano, Lawrence J. and Trabandt, Mathias and Walentin, Karl, DSGE Models for Monetary Policy Analysis (June 2010). NBER Working Paper No. w16074. Available at SSRN: http://ssrn.com/abstract=1624115

Contact Information

Lawrence J. Christiano (Contact Author)
Northwestern University ( email )
2003 Sheridan Road
Evanston, IL 60208
United States
847-491-8231 (Phone)
847-491-7001 (Fax)
Federal Reserve Bank of Cleveland
East 6th & Superior
Cleveland, OH 44101-1387
United States
Federal Reserve Bank of Chicago
230 South LaSalle Street
Chicago, IL 60604
United States
Federal Reserve Bank of Minneapolis
90 Hennepin Avenue
Minneapolis, MN 55480
United States
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Mathias Trabandt
Federal Reserve Board ( email )
20th Street and Constitution Avenue NW
Washington, DC 20551
United States
Sveriges Riksbank ( email )
Brunkebergstorg 11
SE-103 37 Stockholm
Sweden

Karl Walentin
Sveriges Riksbank ( email )
Brunkebergstorg 11
SE-103 37 Stockholm
Sweden
HOME PAGE: http://www.riksbank.com/research/walentin

Feedback to SSRN


Paper statistics
Abstract Views: 372
Downloads: 42
References:  91
Citations:  14

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo6 in 0.312 seconds