Haku
Viitteet 11-12 / 12
Stock Market Dynamics and the Central Bank in a General Equilibrium Model
(Tampereen yliopisto, 2017)
- workingPaper
We introduce a general equilibrium model with potentially inefficient stock markets
consisting of asymmetrically informed investors. Prices are sticky in the goods market,
but the labor market adjusts perfectly. The ...
Implications for Aggregate Inflation of Sectoral Asymmetries : Generalizing Woodford
(Tampereen yliopisto, 2017)
- workingPaper
This paper develops and simulates a simple two sector DSGE model for
studying aggregate inflation and output dynamics under sectoral
adjustment asymmetries. The CES aggregate consumption bundle consists
of two ...