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New-Keynesian Macroeconomics and the Term Structure

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NBER2005-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11340
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This article complements the structural New-Keynesian macro framework with a no-arbitrage affine term structure model. Whereas our methodology is general, we focus on an extended macro-model with an unobservable time-varying inflation target and the natural rate of output which are filtered from
创建时间:
2005-05-01
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