Essays about: "New Keynesian"

Showing result 1 - 5 of 24 essays containing the words New Keynesian.

  1. 1. Monetary Policy with Credit Market Frictions

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Mambuna Njie; [2023]
    Keywords : Monetary policy; Investments; Credit frictions; Collateral constraints;

    Abstract : I study the role of collateral as a source of financial friction in the transmission of monetary policy towards firms' investments. First, I use a panel of Swedish firms to estimate the heterogeneity in firm investment responses to monetary policy shocks conditional on collateral. READ MORE

  3. 2. Wage Rigidities, Monetary Policy and Inequality: Insights from a three-agent New Keynesian model

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Tamar Den Besten; [2022]
    Keywords : monetary policy; new keynesian models; household heterogeneity; inequality; nominal wage rigidities;

    Abstract : In this thesis, I use a three-agent New Keynesian (THRANK) dynamic stochastic general equilibrium model, which features poor-, wealthy- and non-hand-to-mouth (HtM) households. I augment the model by introducing nominal wage rigidities to account for empirical evidence regarding wages and profits. READ MORE

  4. 3. Determinants of Inflation - Evidence from Sweden

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Gustav Sundén; Emanuel Skeppås; [2022]
    Keywords : Bayesian Vector Autoregression; Structural Vector Autoregression; New Keynesian Phillips Curve; Inflation; Sign and Zero Restrictions; Business and Economics;

    Abstract : This thesis examines what have been the main drivers of inflation in Sweden in recent years. This is done through the New Keynesian Phillips Curve with marginal cost which serves as the theoretical background to explain inflationary behavior. READ MORE

  5. 4. Nominal GDP Targeting in Sweden - A New Keynesian DSGE Model Approach

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Henric Nicklasson; [2021]
    Keywords : NGDP; NGDP Targeting; DSGE; Monetary Policy; Sweden; Business and Economics;

    Abstract : Since the end of the Great Moderation, there has been a great surge in studies proposing alternatives to the current dominant monetary policy regime of inflation targeting. One popular such alternative has become NGDP targeting. READ MORE

  6. 5. Estimating a hybrid New Keynesian Phillips curve for Sweden : An instrumental variables approach

    University essay from Uppsala universitet/Nationalekonomiska institutionen

    Author : Alexander Czarnota; [2020]
    Keywords : ;

    Abstract : Previous estimates suggest that there has been a flattening of the Swedish Phillips curve after the global financial crisis of 2008. This apparent flattening is a global phenomenon that has led many economists to search for an explanation. READ MORE