Contractionary technology improvements in multi-sector DSGE models

Susanto Basu

No 828, 2009 Meeting Papers from Society for Economic Dynamics

Abstract: Many, but not all, of these results are consistent with the predictions of the simple sticky-price models that we present. We discuss modifications to the benchmark flexible- and sticky-price models that might bring the model predictions closer to the data.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed009:828

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