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Bank of Canada RSS Feedsen2024-03-28T20:58:29+00:00An Estimated Canadian DSGE Model with Nominal and Real Rigidities
https://www.bankofcanada.ca/2001/12/working-paper-2001-26/
This paper develops a dynamic, stochastic, general-equilibrium (DGSE) model for the Canadian economy and evaluates the real effects of monetary policy shocks. To generate high and persistent real effects, the model combines nominal frictions in the form of costly price adjustment with real rigidities modelled as convex costs of adjusting capital and employment.2001-12-01T12:37:55+00:00enAn Estimated Canadian DSGE Model with Nominal and Real Rigidities2001-12-01Monetary policy frameworkWorking Paper 2001-26 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp01-26a.pdfAn Estimated Canadian DSGE Model with Nominal and Real RigiditiesAli DibDecember 2001EE3E31E32