Simulating the Macroeconomic Effects of Unconventional Monetary Policies
Posted: 27 Jul 2018 Last revised: 25 Jun 2020
Date Written: July, 2018
Abstract
In this note, we describe a method for calculating simulation results and demonstrate the benefits of the integrated model by analyzing a policy that entails an endogenous balance sheet response.
Suggested Citation: Suggested Citation
Chung, Hess and Doniger, Cynthia and Fuentes-Albero, Cristina and Schlusche, Bernd and Zheng, Wei, Simulating the Macroeconomic Effects of Unconventional Monetary Policies (July, 2018). FEDS Notes No. 2018-07-20, Available at SSRN: https://ssrn.com/abstract=3220357 or http://dx.doi.org/10.17016/2380-7172.2225
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