Macroeconomic Regimes
收藏NBER2011-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17090
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资源简介：
We estimate a New-Keynesian macro model accommodating regime-switching behavior in monetary policy and in macro shocks. Key to our estimation strategy is the use of survey-based expectations for inflation and output. We identify accommodating monetary policy before 1980, with activist monetary
提供机构：
美国国家经济研究局
创建时间：
2011-05-01
