Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
create a website

Are Constant Interest Rate Forecasts Modest Interventions? Evidence from an Estimated Open Economy DSGE Model of the Euro Area. (2005). Villani, Mattias ; Lindé, Jesper ; Laséen, Stefan ; Adolfson, Malin ; Linde, Jesper ; Laseen, Stefan .
In: Working Paper Series.
RePEc:hhs:rbnkwp:0180.

Full description at Econpapers || Download paper

Cited: 10

Citations received by this document

Cites: 17

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Exploring the trade-off between leaning against credit and stabilizing economic activity. (2023). Benati, Luca.
    In: Economics Letters.
    RePEc:eee:ecolet:v:223:y:2023:i:c:s0165176523000198.

    Full description at Econpapers || Download paper

  2. Joint prediction bands for macroeconomic risk management. (2016). Maih, Junior ; Binning, Andrew ; Akram, Qaisar.
    In: Working Paper.
    RePEc:bno:worpap:2016_07.

    Full description at Econpapers || Download paper

  3. Conditional forecasts and scenario analysis with vector autoregressions for large cross-sections. (2015). Lenza, Michele ; Giannone, Domenico ; Banbura, Marta ; Babura, Marta.
    In: International Journal of Forecasting.
    RePEc:eee:intfor:v:31:y:2015:i:3:p:739-756.

    Full description at Econpapers || Download paper

  4. Estimating the effects of forward guidance in rational expectations models. (2014). Harrison, Ricahrd.
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:86327.

    Full description at Econpapers || Download paper

  5. Conditional forecasts and scenario analysis with vector autoregressions for large cross-sections. (2014). Lenza, Michele ; Giannone, Domenico ; Banbura, Marta ; Babura, Marta.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20141733.

    Full description at Econpapers || Download paper

  6. Conditional Forecasts and Scenario Analysis with Vector Autoregressions for Large Cross-Sections. (2014). Lenza, Michele ; Giannone, Domenico ; Banbura, Marta.
    In: Working Papers ECARES.
    RePEc:eca:wpaper:2013/158499.

    Full description at Econpapers || Download paper

  7. Bayesian Estimation of Dynamic Stochastic General Equilibrium Model Using UK Data. (2011). Kamal, Mona.
    In: MPRA Paper.
    RePEc:pra:mprapa:28988.

    Full description at Econpapers || Download paper

  8. Incorporating Judgement in Fan Charts. (2009). Österholm, Pär ; Par Österholm, .
    In: Scandinavian Journal of Economics.
    RePEc:bla:scandj:v:111:y:2009:i:2:p:387-415.

    Full description at Econpapers || Download paper

  9. Incorporating judgement with DSGE models. (2008). Lees, Kirdan ; Binning, Andrew ; Bene, Jaromir .
    In: Reserve Bank of New Zealand Discussion Paper Series.
    RePEc:nzb:nzbdps:2008/10.

    Full description at Econpapers || Download paper

  10. Generalizing the Taylor principle. (2005). Leeper, Eric ; Davig, Troy.
    In: Research Working Paper.
    RePEc:fip:fedkrw:rwp05-13.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Adolfson, Malin, Stefan Laséen, Jesper Lindé and Mattias Villani (2005), Bayesian Estimation of an Open Economy DSGE Model with Incomplete Pass-Through, Working Paper No. 179, Sveriges Riksbank.

  2. Altig, David, Lawrence Christiano, Martin Eichenbaum and Jesper Lindé (2003), The Role of Monetary Policy in the Propagation of Technology Shocks, manuscript, Northwestern University.
    Paper not yet in RePEc: Add citation now
  3. Anderson, Gary and George Moore (1985), A Linear Algebraic Procedure for Solving Linear Perfect Foresight Models, Economics Letters 17(3), 247-252.

  4. Benigno, Pierpaolo (2001), Price Stability with Imperfect Financial Integration, manuscript, New York University.

  5. Calvo, Guillermo (1983), Staggered Prices in a Utility Maximizing Framework, Journal of Monetary Economics 12, 383-398.

  6. Christiano, Lawrence, Martin Eichenbaum and Charles Evans (2005), Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy, Journal of Political Economy 113(1), 1-45.

  7. Erceg, Christopher, Dale Henderson and Andrew Levin (2000), Optimal Monetary Policy with Staggered Wage and Price Contracts, Journal of Monetary Economics 46(2), 281-313.

  8. Fagan, Gabriel, Jerome Henry and Ricardo Mestre (2001), An Area-Wide Model (AWM) for the Euro Area, Working Paper No. 42. European Central Bank.

  9. Hamilton, James (1994), Time Series Analysis, Princeton University Press, Princeton.
    Paper not yet in RePEc: Add citation now
  10. Honkapohja, Seppo and Kaushik Mitra (2004), Performance of Inflation Targeting Based On Constant Interest Rate Projections, manuscript (June 2, 2004, revised version), University of Cambridge.

  11. Leeper, Eric and Tao Zha (2003), Modest Policy Interventions, Journal of Monetary Economics 50(8), 1673-1700.

  12. Leitemo, Kai (2003), Targeting Inflation by Constant-Interest-Rate Forecasts, Journal of Money, Credit, and Banking, 35(4), 609-626.

  13. Lucas, Robert (1976), Econometric Policy Evaluation: A Critique, Carnegie-Rochester Conference Series on Public Policy 1, 19-46.

  14. Rotemberg, Julio and Michael Woodford (1997), An Optimization-Based Econometric Model for the Evaluation of Monetary Policy, NBER Macroeconomics Annual 12, 297-346.

  15. Smets, Frank and Raf Wouters (2002), Openness, Imperfect Exchange Rate Pass-Through and Monetary Policy, Journal of Monetary Economics 49(5), 913-940.

  16. Smets, Frank and Raf Wouters (2003), An Estimated Stochastic Dynamic General Equilibrium Model of the Euro Area, Journal of the European Economic Association, 1(5), 1123-1175.

  17. Smets, Frank and Raf Wouters (2004), Forecasting with a Bayesian DSGE Model. An Application to the Euro Area, Working Paper No. 389, European Central Bank.

Cocites

Documents in RePEc which have cited the same bibliography

  1. MEDSEA : a small open economy DSGE model for Malta. (2016). Rapa, Noel.
    In: CBM Working Papers.
    RePEc:mlt:wpaper:0516.

    Full description at Econpapers || Download paper

  2. International shocks and macroeconomics: a new multi-country DSGE platform for policy analysis in OECD countries.. (2016). Flores, Edgar Mata .
    In: EcoMod2016.
    RePEc:ekd:009007:9487.

    Full description at Econpapers || Download paper

  3. Monetary Macroprudential Policy Mix under Financial Frictions Mechanism with DSGE Model. (2014). Rachmanto, Aditya ; Nur M. Adhi Purwanto, ; Oktiyanto, Fajar .
    In: EcoMod2014.
    RePEc:ekd:006356:6840.

    Full description at Econpapers || Download paper

  4. Foreign exchange constraints and macroeconomic dynamics in a small open economy. (2013). Senbeta, Sisay.
    In: Working Papers.
    RePEc:ant:wpaper:2013023.

    Full description at Econpapers || Download paper

  5. Spain in the Euro: a general equilibrium analysis. (2010). Thomas, Carlos ; Ortega, Eva ; Hurtado, Samuel ; Andrés, Javier ; Andres, Javier.
    In: SERIEs: Journal of the Spanish Economic Association.
    RePEc:spr:series:v:1:y:2010:i:1:p:67-95.

    Full description at Econpapers || Download paper

  6. DSGE Models and Central Banks. (2009). Tovar, Camilo.
    In: Economics - The Open-Access, Open-Assessment E-Journal.
    RePEc:zbw:ifweej:7602.

    Full description at Econpapers || Download paper

  7. Les effets Balassa-Samuelson peuvent-ils expliquer la dynamique de l’économie Tunisienne?. (2009). EL FERKTAJI, Riadh ; Mihoubi, Ferhat.
    In: L'Actualité Economique.
    RePEc:ris:actuec:0003.

    Full description at Econpapers || Download paper

  8. Monetary Policy and Staggered Wage Bargaining when Prices are Sticky. (2009). Westermark, Andreas ; Carlsson, Mikael.
    In: Working Paper Series.
    RePEc:hhs:uunewp:2006_031.

    Full description at Econpapers || Download paper

  9. Housing Market Spillovers: Evidence from an Estimated DSGE Model. (2009). Neri, Stefano ; Iacoviello, Matteo.
    In: Boston College Working Papers in Economics.
    RePEc:boc:bocoec:659.

    Full description at Econpapers || Download paper

  10. Robust Inflation-Targeting Rules and the Gains from International Policy Coordination. (2008). Welz, Peter ; Pearlman, Joseph ; Levine, Paul.
    In: School of Economics Discussion Papers.
    RePEc:sur:surrec:0208.

    Full description at Econpapers || Download paper

  11. Improving competition in the non-tradable goods and labour markets: the Portuguese case. (2008). Félix, Ricardo ; Castro, Gabriela ; Almeida, Vanda ; Felix, Ricardo Mourinho .
    In: MPRA Paper.
    RePEc:pra:mprapa:13945.

    Full description at Econpapers || Download paper

  12. Analysing DSGE Models with Global Sensitivity Analysis. (2008). Ratto, Marco.
    In: Computational Economics.
    RePEc:kap:compec:v:31:y:2008:i:2:p:115-139.

    Full description at Econpapers || Download paper

  13. Estimating the natural rates in a simple New Keynesian framework. (2008). Maih, Junior ; Leitemo, Kai ; Bjørnland, Hilde.
    In: Working Paper.
    RePEc:bno:worpap:2007_10.

    Full description at Econpapers || Download paper

  14. The Timing and Magnitude of Exchange Rate Overshooting. (2007). Westelius, Niklas ; Sondergaard, Jens ; Hoffmann, Mathias.
    In: Economics Working Paper Archive at Hunter College.
    RePEc:htr:hcecon:418.

    Full description at Econpapers || Download paper

  15. Using a New Open Economy Macroeconomics model to make real nominal exchange rate forecasts. (2007). Sellin, Peter.
    In: Working Paper Series.
    RePEc:hhs:rbnkwp:0213.

    Full description at Econpapers || Download paper

  16. Evaluating An Estimated New Keynesian Small Open Economy Model. (2007). Villani, Mattias ; Lindé, Jesper ; Laséen, Stefan ; Adolfson, Malin ; Linde, Jesper ; Laseen, Stefan .
    In: Working Paper Series.
    RePEc:hhs:rbnkwp:0203.

    Full description at Econpapers || Download paper

  17. KIMOD 1.0 Documentation of NIER´s Dynamic Macroeconomic General Equilibrium Model of the Swedish Economy. (2007). Bergvall, Anders ; Forsfalt, Tomas ; Vartiainen, Juhana ; Nilsson, Jonny ; Hjelm, Goran .
    In: Working Papers.
    RePEc:hhs:nierwp:0100.

    Full description at Econpapers || Download paper

  18. Bayesian estimation of an open economy DSGE model with incomplete pass-through. (2007). Villani, Mattias ; Lindé, Jesper ; Laséen, Stefan ; Adolfson, Malin ; Linde, Jesper ; Laseen, Stefan .
    In: Journal of International Economics.
    RePEc:eee:inecon:v:72:y:2007:i:2:p:481-511.

    Full description at Econpapers || Download paper

  19. Quantifying and sustaining welfare gains from monetary commitment. (2007). Pearlman, Joseph ; McAdam, Peter ; Levine, Paul.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2007709.

    Full description at Econpapers || Download paper

  20. Evaluating An Estimated New Keynesian Small Open Economy Model. (2007). Villani, Mattias ; Lindé, Jesper ; Laséen, Stefan ; Adolfson, Malin ; Linde, Jesper ; Laseen, Stefan .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6027.

    Full description at Econpapers || Download paper

  21. How Structural Are Structural Parameters?. (2007). Rubio-Ramirez, Juan F ; Fernandez-Villaverde, Jesus.
    In: Levine's Bibliography.
    RePEc:cla:levrem:843644000000000057.

    Full description at Econpapers || Download paper

  22. Adjustment of the US current account deficit. (2007). Kortelainen, Mika.
    In: Research Discussion Papers.
    RePEc:bof:bofrdp:2007_009.

    Full description at Econpapers || Download paper

  23. Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-Country Model. (2006). Rabanal, Pau.
    In: Computing in Economics and Finance 2006.
    RePEc:sce:scecfa:87.

    Full description at Econpapers || Download paper

  24. Monetary Policy and the Illusionary Exchange Rate Puzzle. (2006). Bjørnland, Hilde ; Bjrnland, Hilde C. ; Oslo, University of.
    In: Computing in Economics and Finance 2006.
    RePEc:sce:scecfa:45.

    Full description at Econpapers || Download paper

  25. Assessing the structural VAR approach to exchange rate pass-through. (2006). Bache, Ida Wolden .
    In: Computing in Economics and Finance 2006.
    RePEc:sce:scecfa:309.

    Full description at Econpapers || Download paper

  26. Nominal Rigidities in an Estimated Two Country. (2006). Pisani, Massimiliano ; Neri, Stefano ; Gerali, Andrea ; Cristadoro, Riccardo.
    In: Computing in Economics and Finance 2006.
    RePEc:sce:scecfa:162.

    Full description at Econpapers || Download paper

  27. DSGE Models in a Data-Rich Environment. (2006). Giannoni, Marc ; Boivin, Jean.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12772.

    Full description at Econpapers || Download paper

  28. DSGE Models in a Data-Rich Environment. (2006). Giannoni, Marc ; Boivin, Jean.
    In: NBER Technical Working Papers.
    RePEc:nbr:nberte:0332.

    Full description at Econpapers || Download paper

  29. Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-Country Model; What is Important and What is Not. (2006). Tuesta, Vicente ; Rabanal, Pau.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2006/177.

    Full description at Econpapers || Download paper

  30. Monetary Policy and Staggered Wage Bargaining when Prices are Sticky. (2006). Westermark, Andreas ; Carlsson, Mikael.
    In: Working Paper Series.
    RePEc:hhs:rbnkwp:0199.

    Full description at Econpapers || Download paper

  31. Forecasting Performance of an Open Economy Dynamic Stochastic General Equilibrium Model. (2006). Villani, Mattias ; Lindé, Jesper ; Adolfson, Malin ; Linde, Jesper.
    In: Working Paper Series.
    RePEc:hhs:rbnkwp:0190.

    Full description at Econpapers || Download paper

  32. Trend inflation and inflation persistence in the New Keynesian Phillips curve. (2006). Sbordone, Argia ; Cogley, Timothy.
    In: Staff Reports.
    RePEc:fip:fednsr:270.

    Full description at Econpapers || Download paper

  33. Un modèle d’équilibre général dynamique pour une petite économie ouverte avec des effets Balassa-Samuelson. (2006). EL FERKTAJI, Riadh ; Mihoubi, Ferhat.
    In: Documents de recherche.
    RePEc:eve:wpaper:06-07.

    Full description at Econpapers || Download paper

  34. Assessing predetermined expectations in the standard sticky-price model: a Bayesian approach. (2006). Welz, Peter.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2006621.

    Full description at Econpapers || Download paper

  35. Macroeconometric Modelling with a Global Perspective. (2006). Smith, Ronald ; Pesaran, M.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_1659.

    Full description at Econpapers || Download paper

  36. Macroeconometric Modelling with a Global Perspective. (2006). Smith, Ronald ; Pesaran, M.
    In: Cambridge Working Papers in Economics.
    RePEc:cam:camdae:0604.

    Full description at Econpapers || Download paper

  37. BEMOD: a DSGE model for the Spanish economy and the rest of the Euro area. (2006). estrada, Angel ; Burriel, Pablo ; Andrés, Javier ; Andres, Javier.
    In: Working Papers.
    RePEc:bde:wpaper:0631.

    Full description at Econpapers || Download paper

  38. An estimated DSGE model for the German economy within the euro area. (2005). Pytlarczyk, Ernest.
    In: Discussion Paper Series 1: Economic Studies.
    RePEc:zbw:bubdp1:4227.

    Full description at Econpapers || Download paper

  39. Do Terms of Trade Shocks Drive Business Cycles? Some Evidence from Structural Estimation. (2005). Teo, Wing Leong ; Lubik, Thomas.
    In: Computing in Economics and Finance 2005.
    RePEc:sce:scecf5:377.

    Full description at Econpapers || Download paper

  40. Bayesian Estimation of a DSGE Model with Financial Frictions for the U.S. and the Euro Area. (2005). Queijo, Virginia.
    In: Computing in Economics and Finance 2005.
    RePEc:sce:scecf5:306.

    Full description at Econpapers || Download paper

  41. Non-Ricardian Households and Fiscal Policy in an Estimated DSGE Model of the Euro Area. (2005). Straub, Roland ; Coenen, Günter.
    In: Computing in Economics and Finance 2005.
    RePEc:sce:scecf5:102.

    Full description at Econpapers || Download paper

  42. Forecasting Performance of an Open Economy Dynamic Stochastic General Equilibrium Model. (2005). Villani, Mattias ; Lindé, Jesper ; Adolfson, Malin ; Linde, Jesper.
    In: Money Macro and Finance (MMF) Research Group Conference 2005.
    RePEc:mmf:mmfc05:32.

    Full description at Econpapers || Download paper

  43. Do World Shocks Drive Domestic Business Cycles? Some Evidence from Structural Estimation. (2005). Teo, Wing Leong ; Lubik, Thomas.
    In: Economics Working Paper Archive.
    RePEc:jhu:papers:522.

    Full description at Econpapers || Download paper

  44. A Bayesian Look at New Open Economy Macroeconomics. (2005). Schorfheide, Frank ; Lubik, Thomas.
    In: Economics Working Paper Archive.
    RePEc:jhu:papers:521.

    Full description at Econpapers || Download paper

  45. Does Government Spending Crowd In Private Consumption? Theory and Empirical Evidence for the Euro Area. (2005). Coenen, Günter ; Straub, Roland.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2005/159.

    Full description at Econpapers || Download paper

  46. Are Constant Interest Rate Forecasts Modest Interventions? Evidence from an Estimated Open Economy DSGE Model of the Euro Area. (2005). Villani, Mattias ; Lindé, Jesper ; Laséen, Stefan ; Adolfson, Malin ; Linde, Jesper ; Laseen, Stefan .
    In: Working Paper Series.
    RePEc:hhs:rbnkwp:0180.

    Full description at Econpapers || Download paper

  47. Monetary Policy and the Illusionary Exchange Rate Puzzle. (2005). Bjørnland, Hilde ; Bjornland, Hilde C..
    In: Memorandum.
    RePEc:hhs:osloec:2005_026.

    Full description at Econpapers || Download paper

  48. An Estimated DSGE Model for Sweden with a Monetary Regime Change. (2005). Finocchiaro, Daria ; Cúrdia, Vasco.
    In: Seminar Papers.
    RePEc:hhs:iiessp:0740.

    Full description at Econpapers || Download paper

  49. How Important are Financial Frictions in the U.S. and Euro Area?. (2005). Queijo von Heideken, Virginia.
    In: Seminar Papers.
    RePEc:hhs:iiessp:0738.

    Full description at Econpapers || Download paper

  50. Excess Sensitivity and Volatility of Long Interest Rates: The Role of Limited Information in Bond Markets. (2004). Beechey, Meredith.
    In: Working Paper Series.
    RePEc:hhs:rbnkwp:0173.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-02-08 21:00:56 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.