An Empirical Analysis of Business Cycles in a New Keynesian Model with Inventories

An Empirical Analysis of Business Cycles in a New Keynesian Model with Inventories

This paper introduces inventories in an otherwise standard dynamic stochastic general equilibrium model. Firms accumulate inventories to facilitate sales, but face a cost of doing so in terms of costly storage of intermediate goods. Based on U.S. data we estimate the parameters of our model using Ba...

Täydet tiedot

Tallennettuna:
Bibliografiset tiedot
Julkaisussa:MAGKS - Joint Discussion Paper Series in Economics (Band 13-2014)
Päätekijä: Foerster, Marcel
Aineistotyyppi: Artikkeli
Kieli:englanti
Julkaistu: Philipps-Universität Marburg 2014
Aiheet:
Business Cycles
Bayesian Estimation
Wirtschaft
Inventories
DSGE Model
Economics
Linkit:PDF-kokoteksti
Tagit: Lisää tagi
Ei tageja, Lisää ensimmäinen tagi!
No citations were found for this record.

Samankaltaisia teoksia