Essays about: "Erik Hjort"
Found 3 essays containing the words Erik Hjort.
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1. A Financial Market Segmented New-Keynesian Macro Model
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This essay complements the monetary literature by estimation and simulation of a New-Keynesian macro model featuring financial market frictions and long bond portfolio policy. The model is an extended version of the canonical three-equation New-Keynesian model with segmented financial markets distinguishing the short-term money market from the long-term bond market. READ MORE
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2. A Study of a New-Keynesian DSGE Macro Model: Estimates, Shocks, and Optimal Monetary Policy
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This paper estimates and simulates a New-Keynesian small-scale DSGE macro model. The model consists of the hybrid forms of the Phillips curve and the IS curve, and is closed with a Taylor-type feedback rule allowing partial adjustment of the monetary policy instrument. READ MORE
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3. High-Frequency Foreign Exchange Rate Behavior on the Arrival of Macroeconomic News - The Impact of Swedish and U.S. News on USD/SEK Returns
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This paper studies the high-frequency behavior of the USD/SEK currency pair on the arrival of macroeconomic news emanating from Sweden and the United States. By using exchange rate data sampled at one minute-by-minute quotations and market expectations from the Bloomberg Terminal, the study finds systematic effects of news on exchange rate returns. READ MORE
