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1
by Alichi, Ali
Published 2018
International Monetary Fund
... policy block, which allows estimating the neutral rate of interest for the U.S. economy. The addition...

2
by Benes, Jaromir
Published 2009
International Monetary Fund
...This paper develops a stylized, small, open economy macro model that incorporates an explicit...

3
by Benes, Jaromir
Published 2013
International Monetary Fund
... and external shocks. To this end, we develop an open economy new-Keynesian model featuring sterilized...

4
by Benes, Jaromir
Published 2014
International Monetary Fund
.... In MAPMOD, bank loans create purchasing power that facilitates adjustments in the real economy...

5
by Benes, Jaromir
Published 2014
International Monetary Fund
... analysis. In MAPMOD, bank loans create purchasing power that facilitates adjustments in the real economy...

6
by Benes, Jaromir
Published 2004
International Monetary Fund
... for the Czech Republic, a growing economy undergoing major structural change, it shows how the use of more...

7
by Benes, Jaromir
Published 2016
International Monetary Fund
..., which can be very costly for the economy, as shown by the Global Financial Crisis of 2008-09...

8
by Alichi, Ali
Published 2015
International Monetary Fund
... experience in adding the exchange rate as a complementary monetary policy tool to stimulate the economy...

9
by Benes, Jaromir
Published 2017
International Monetary Fund
... (QPM), which is a forward-looking open-economy gap model, calibrated to represent the Indian case...

10
by Benes, Jaromir
Published 2011
International Monetary Fund
...We study the welfare properties of a New Keynesian monetary economy with an essential role...

11
by Benes, Jaromir
Published 2012
International Monetary Fund
..., subsequently loose. Simulations of the model broadly match the path of the economy during this period. We find...

12
by Kumhof, Michael
Published 2012
International Monetary Fund
... in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore...