Simulating the Macroeconomic Effects of Unconventional Monetary Policies
Posted: 27 Jul 2018 Last revised: 21 Feb 2019
Date Written: 2018-07-20
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 (2018-07-20). FED Notes No. 2018-07-20. Available at SSRN: https://ssrn.com/abstract=3220357 or http://dx.doi.org/10.17016/2380-7172.2225
Hess Chung (Contact Author)
Indiana University Bloomington - Department of Economics ( email )
304 Wylie Hall
Bloomington, IN 47405-6620
United States
Cynthia Doniger
Board of Governors of the Federal Reserve System ( email )
20th Street and Constitution Avenue NW
Washington, DC 20551
United States
Bernd Schlusche
Board of Governors of the Federal Reserve System ( email )
20th Street and Constitution Avenue NW
Washington, DC 20551
United States
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