Macroeconomic Dynamics Near the ZLB: A Tale of Two Countries

DOI10.1093/restud/rdx027zbMath1405.91430OpenAlexW4296974713MaRDI QIDQ4610871

S. Borağan Aruoba, Frank Schorfheide, Pablo Cuba-Borda

Publication date: 23 January 2019

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://economics.sas.upenn.edu/sites/default/files/filevault/14-035.pdf

zbMATH Keywords

Japanmultiple equilibrianonlinear filteringdeflationsunspotsDSGE modelsnonlinear solution methodsZLBU.S.

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Interest rates, asset pricing, etc. (stochastic models) (91G30) Dynamic stochastic general equilibrium theory (91B51)

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