DSGE models for monetary policy analysis
By: Lawrence J. Christiano, Mathias Trabandt, Karl Walentin
Contributors: Trabandt, Mathias; Walentin, Karl; National Bureau of Economic Research
Series: NBER working paper series -- working paper 16074; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16074.
Publisher: National Bureau of Economic Research
Published: 2010
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "Monetary DSGE models are widely used because they fit the data well and they can be used to address important monetary policy questions.  We provide a selective review of these developments.  Policy analysis with DSGE models requires using data to assign numerical values to model parameters.  The chapter describes and implements Bayesian moment matching and impulse response matching procedures for this purpose"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 6/24/2010.

Includes bibliographical references.

Also available in print.

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Mode of access: World Wide Web.