Essays about: "New Keynesian Model"

Showing result 1 - 5 of 15 essays containing the words New Keynesian Model.

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. Globalization and Inflation Dynamics: Empirical Evidence from a Time-varying New-Keynesian Phillips Curve

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Yijia Chen; Xiong Yingchao; [2020]
   Keywords : Globalization; New-Keynesian Phillips curve; Time-varying parameter model;

   Abstract : There is a debate on whether globalization causes the flattening of Phillips curve. We explore this question by estimating a modified New-Keynesian Phillips curve (NKPC) in which inflation is determined by both domestic and foreign factors. READ MORE