It takes the average reader and 35 minutes to read Assessing Dsge Models with Capital Accumulation and Indeterminacy by Mr. Vadim Khramov
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The simulated results of this paper show that New Keynesian DSGE models with capital accumulation can generate substantial persistencies in the dynamics of the main economic variables, due to the stock nature of capital. Empirical estimates on U.S. data from 1960:I to 2008:I show the response of monetary policy to inflation was almost twice lower than traditionally considered, as capital accumulation creates an additional channel of influence through real interest rates in the production sector. Versions of the model with indeterminacy empirically outperform determinate versions. This paper allows for the reconsideration of previous findings and has significant monetary policy implications.
Assessing Dsge Models with Capital Accumulation and Indeterminacy by Mr. Vadim Khramov is 35 pages long, and a total of 8,925 words.
This makes it 12% the length of the average book. It also has 11% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 48 minutes to read Assessing Dsge Models with Capital Accumulation and Indeterminacy aloud.
Assessing Dsge Models with Capital Accumulation and Indeterminacy is suitable for students ages 8 and up.
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