Analysis of Monetary Policy Responses After Financial Market Crises in a Continuous Time New Keynesian Model

To analyse the interdependence between monetary policy and financial markets in the context of the recent financial crisis, we use stochastic differential equations to develop a dynamic, stochastic general equilibrium New Keynesian model of two open economies. Our focus is on how stock and housing m...

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Veröffentlicht in:	MAGKS - Joint Discussion Paper Series in Economics (Band 21-2014)
Autoren:	Hayo, Bernd, Niehof, Britta
Format:	Artikel
Sprache:	Englisch
Veröffentlicht:	2014
Schlagworte:	New Keynesian Models Dynamic Stochastic Full Equilibrium Continuous Time Model Wirtschaft Taylor Rule Financial Crisis Economics
Online-Zugang:	PDF-Volltext
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