Details about Stephen Sacht

Access statistics for papers by Stephen Sacht.

Last updated 2023-07-17. Update your information in the RePEc Author Service.

Short-id: psa798

Working Papers

2021

1. Estimation of Heuristic Switching in Behavioral Macroeconomic Models
   Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics
   See also Journal Article in Journal of Economic Dynamics and Control (2023)

2018

2. Forecast heuristics, consumer expectations, and new-Keynesian macroeconomics: A horse race
   Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics View citations (2)
   See also Journal Article in Journal of Economic Behavior & Organization (2021)
3. Macroeconomic dynamics under bounded rationality: On the impact of consumers' forecast heuristics
   Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics
   See also Journal Article in Journal of Economic Interaction and Coordination (2022)
4. On the estimation of behavioral macroeconomic models via simulated maximum likelihood
   Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics View citations (8)

2017

5. Modeling consumer confidence and its role for expectation formation: A horse race
   Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics View citations (3)

2015

6. On the efficiency of labor market reforms: How to solve the Spanish puzzle?
   Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel) View citations (3)
   See also Journal Article in Economics - The Open-Access, Open-Assessment E-Journal (2007-2020) (2015)

2014

7. Analysis of Various Shocks within the High-Frequency Versions of the Baseline New-Keynesian Model
   VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy, Verein für Socialpolitik / German Economic Association View citations (2)
   Also in Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics (2014) View citations (2)
8. Animal spirits and the business cycle: Empirical evidence from moment matching
   Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics View citations (2)
   See also Journal Article in Metroeconomica (2016)
9. Identification of prior information via moment-matching
   Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics View citations (1)
10. Optimal monetary policy responses and welfare analysis within the highfrequency New-Keynesian framework
    Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics View citations (2)

2013

11. Moment Matching versus Bayesian Estimation: Backward-Looking Behaviour in a New-Keynesian Baseline Model
    VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association
    Also in Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics (2012) View citations (6)
    See also Journal Article in The North American Journal of Economics and Finance (2015)

2012

12. Identification of Animal Spirits in a Bounded Rationality Model: An Application to the Euro Area
    MPRA Paper, University Library of Munich, Germany View citations (10)
    Also in Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2012) View citations (10)
    VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century, Verein für Socialpolitik / German Economic Association (2012) View citations (10)
    Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics (2012) View citations (10)

2011

13. Estimating a High-Frequency New-Keynesian Phillips Curve
    Kiel Working Papers, Kiel Institute for the World Economy
    Also in Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics (2011)
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2011)
    See also Journal Article in Empirical Economics (2014)
14. Moment matching versus Bayesian estimation: Backward-looking behaviour in the new-Keynesian three-equations model
    Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics View citations (12)
15. Some observations in the high-frequency versions of a standard New-Keynesian model
    MPRA Paper, University Library of Munich, Germany View citations (4)
    Also in Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics (2010) View citations (3)
    See also Journal Article in Bulletin of Economic Research (2014)

Journal Articles

2023

1. Estimation of heuristic switching in behavioral macroeconomic models
   Journal of Economic Dynamics and Control, 2023, 146, (C)
   See also Working Paper (2021)

2022

2. Macroeconomic dynamics under bounded rationality: on the impact of consumers’ forecast heuristics
   Journal of Economic Interaction and Coordination, 2022, 17, (3), 849-873
   See also Working Paper (2018)
3. The tale of the donkey and the elephant: an estimated optimal fiscal policy rule for the US
   Applied Economics Letters, 2022, 29, (4), 351-354

2021

4. Forecast heuristics, consumer expectations, and New-Keynesian macroeconomics: A Horse race
   Journal of Economic Behavior & Organization, 2021, 182, (C), 493-511 View citations (4)
   See also Working Paper (2018)

2016

5. Animal Spirits and the Business Cycle: Empirical Evidence from Moment Matching
   Metroeconomica, 2016, 67, (1), 76-113 View citations (17)
   See also Working Paper (2014)

2015

6. Moment matching versus Bayesian estimation: Backward-looking behaviour in a New-Keynesian baseline model
   The North American Journal of Economics and Finance, 2015, 31, (C), 126-154 View citations (13)
   See also Working Paper (2013)
7. On the efficiency of labor market reforms: How to solve the Spanish puzzle?
   Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2015, 9, 1-30 View citations (3)
   See also Working Paper (2015)

2014

8. Estimating a high-frequency New-Keynesian Phillips curve
   Empirical Economics, 2014, 46, (2), 607-628 View citations (5)
   See also Working Paper (2011)
9. SOME OBSERVATIONS ON THE HIGH-FREQUENCY VERSIONS OF A STANDARD NEW-KEYNESIAN MODEL
   Bulletin of Economic Research, 2014, 66, (1), 72-94 View citations (3)
   See also Working Paper (2011)