Empirical assessment of bifurcation regions within New Keynesian models

DOI10.1007/s00199-008-0430-0zbMath1232.91481OpenAlexW3121179919MaRDI QIDQ5962154

Evgeniya A. Duzhak, William A. Barnett

Publication date: 21 September 2010

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-008-0430-0

zbMATH Keywords

robustnessbifurcationHopf bifurcationinflation targetingperiod doubling bifurcationdynamic general equilibriumflip bifurcationNew Keynesian macroeconometricsTaylor rule

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Macroeconomic theory (monetary models, models of taxation) (91B64) General equilibrium theory (91B50) Statistical methods; economic indices and measures (91B82) Economic dynamics (91B55)

Related Items (5)

Habit formation and indeterminacy in overlapping generations models ⋮ Evaluation of the Effects of Reduced Personal and Corporate Tax Rates on the Growth Rates of the U.S. Economy ⋮ Monetary policy and determinacy: an inquiry into open economy New Keynesian macrodynamics ⋮ Bifurcation analysis of Zellner's Marshallian macroeconomic model ⋮ Frequentist properties of Bayesian inequality tests

Uses Software

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