New-Keynesian Macro Models - I: Workings of a Baseline DSGE Model with Monopolistic Competition and Nominal Rigidities

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Abstract

This note lays out the necessary workings for solving a baseline New-Keyneisan Dynamic Stochastic General Equilibrium model with monopolistic competition and nominal rigidities (via the Calvo staggered-price setting model).

Additional Information

Product Type Technical Note
Reference No. ECO0355TEC
Title New-Keynesian Macro Models - I: Workings of a Baseline DSGE Model with Monopolistic Competition and Nominal Rigidities
Pages 25
Published on Jul 6, 2015
Authors Virmani, Vineet;
Area Economics (ECO)
Discipline Economics
Keywords Macroeconomics; Dynamic Stochastic General Equilibrium Models; Monopolistic Competition; Calvo Model; New-Keynesian Models
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