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...

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Bibliografiska uppgifter
I publikationen:MAGKS - Joint Discussion Paper Series in Economics (Band 48-2013)
Huvudupphovsman: Förster, Marcel
Materialtyp: Artikel
Språk:engelska
Publicerad: Philipps-Universität Marburg 2013
Ämnen:
DSGE model, Business Cycles
Inventories
Great Moderation
Wirtschaft
Bayesian Estimation
Economics
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