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Optimal Monetary Policy in an Operational Medium-Sized DSGE Model

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NBER2008-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14092
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We show how to construct optimal policy projections in Ramses, the Riksbank's open-economy medium-sized DSGE model for forecasting and policy analysis. Bayesian estimation of the parameters of the model indicates that they are relatively invariant to alternative policy assumptions and supports our
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2008-06-01
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