DSGE models for monetary policy analysis

Lawrence Christiano, Mathias Trabandt and Karl Walentin

No 2010-02, FRB Atlanta CQER Working Paper from Federal Reserve Bank of Atlanta

Abstract: Monetary DSGE models are widely used because they fit the data well and can be used to address important monetary policy questions. We provide a selective review of these developments. Policy analysis with DSGE models requires using data to assign numerical values to model parameters. The paper describes and implements Bayesian moment matching and impulse response matching procedures for this purpose.

Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (85)

Downloads: (external link)
http://www.frbatlanta.org/documents/cqer/publicationscq/cqerwp/cqer_wp10-03.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.frbatlanta.org/documents/cqer/publicationscq/cqerwp/cqer_wp10-03.pdf [301 Moved Permanently]--> https://www.frbatlanta.org/documents/cqer/publicationscq/cqerwp/cqer_wp10-03.pdf [301 Moved Permanently]--> https://www.atlantafed.org/documents/cqer/publicationscq/cqerwp/cqer_wp10-03.pdf)

Related works:
Chapter: DSGE Models for Monetary Policy Analysis (2010)
Working Paper: DSGE Models for Monetary Policy Analysis (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedacq:2010-02

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in FRB Atlanta CQER Working Paper from Federal Reserve Bank of Atlanta Contact information at EDIRC.
Bibliographic data for series maintained by Rob Sarwark ().