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Solving Monetary (Miu) Models With Linearized Euler Equations: Method of Undetermined Coefficients
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نویسنده
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Fakhrehosseini S.F. ,Kaviani M.
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منبع
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International Journal Of Research In Industrial Engineering - 2017 - دوره : 6 - شماره : 2 - صفحه:172 -183
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چکیده
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This paper attempts to solve a benchmark money in utility model by first order taylor approximation to the policy function. after a brief summary of recent development in first order taylor approximation in solving dynamic stochastic general equilibrium models, we choose sidrauski’s money in utility model as a standard model and follow the approach proposed by uhlig [1] to solve for the recursive law of motion at first order.
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کلیدواژه
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Dsge Model ,Calibration ,Monetary Models
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آدرس
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Islamic Azad University, Tonekabon Branch, Department Of Business Management, Iran, Islamic Azad University, Iran
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پست الکترونیکی
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meysamkaviani@gmail.com
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Authors
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