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Monetary Policy Trade-Offs in an Estimated Open-Economy DSGE Model

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NBER2008-11-01 更新2025-01-04 收录
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This paper studies the transmission of shocks and the trade-offs between stabilizing CPI inflation and alternative measures of the output gap in Ramses, the Riksbank's empirical dynamic stochastic general equilibrium (DSGE) model of a small open economy. The main results are, first, that the

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2008-11-01
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