Multiplicity in New Keynesian models

DOI10.1007/s11079-021-09643-5zbMath1498.91269OpenAlexW3212653932MaRDI QIDQ2083612

Maksim Isakin, Phuong V. Ngo

Publication date: 11 October 2022

Published in: Open Economies Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11079-021-09643-5

zbMATH Keywords

multiple equilibriadeflationNew Keynesian modelmultiple steady statehigh inflation

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (1)

Monetary policy and determinacy: an inquiry into open economy New Keynesian macrodynamics

Cites Work

• Two orthogonal continents? Testing a two-country DSGE model of the US and the EU using indirect inference
• Learning to live in a liquidity trap
• Nonlinear adventures at the zero lower bound
• Optimal discretionary monetary policy in a micro-founded model with a zero lower bound on nominal interest rate
• Testing DSGE models by indirect inference: a survey of recent findings
• Testing macro models by indirect inference: a survey for users
• Time to Build and Aggregate Fluctuations
• Fiscal Policy in an Expectations-Driven Liquidity Trap
• Macroeconomic Dynamics Near the ZLB: A Tale of Two Countries
• The perils of Taylor rules

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