The Great Moderation: Inventories, Shocks or Monetary Policy?

The Great Moderation: Inventories, Shocks or Monetary Policy?

This paper presents a New Keynesian DSGE model with inventory holding firms. The model distinguishes between goods and materials, for both production as well as for inventories. The more detailed treatment of inventory holdings offers new insights into the determinants of business cycles before and...

Full description

Saved in:
Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 48-2013)
Main Author: Förster, Marcel
Format: Article
Language:English
Published: Philipps-Universität Marburg 2013
Subjects:
DSGE model, Business Cycles
Inventories
Great Moderation
Wirtschaft
Bayesian Estimation
Economics
Online Access:PDF Full Text
Tags: Add Tag
No Tags, Be the first to tag this record!
MAGKS - Joint Discussion Paper Series in Economics

Similar Items