Sources of macroeconomic fluctuations: A regime-switching DSGE approach: Sources of macroeconomic fluctuations

[1]  T. Sargent,et al.  Drifts and Volatilities: Monetary Policies and Outcomes in the Post WWII U.S. , 2003 .

[2]  N. Kiyotaki,et al.  Financial Intermediation and Credit Policy in Business Cycle Analysis , 2010 .

[3]  Martin Ellison,et al.  The Great Inflation and the Greenbook , 2009 .

[4]  F. Smets,et al.  Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach , 2007 .

[5]  Michele Boldrin,et al.  Habit Persistence, Asset Returns, and the Business Cycle , 2001 .

[6]  Daniel F. Waggoner,et al.  Methods for Inference in Large Multiple-Equation Markov-Switching Models , 2006 .

[7]  Andrew T. Levin,et al.  Imperfect Credibility and Inflation Persistence , 2001 .

[8]  Susanto Basu,et al.  Returns to Scale in U.S. Production: Estimates and Implications , 1997, Journal of Political Economy.

[9]  Francesco Bianchi,et al.  Regime Switches, Agents’ Beliefs, and Post-World War II U.S. Macroeconomic Dynamics , 2012 .

[10]  George Tauchen,et al.  Finite state markov-chain approximations to univariate and vector autoregressions , 1986 .

[11]  G. Calvo.  Staggered prices in a utility-maximizing framework , 1983 .

[12]  Giorgio E. Primiceri,et al.  Investment Shocks and the Relative Price of Investment , 2009 .

[13]  Xiao-Li Meng,et al.  SIMULATING RATIOS OF NORMALIZING CONSTANTS VIA A SIMPLE IDENTITY: A THEORETICAL EXPLORATION , 1996 .

[14]  Daniel F. Waggoner,et al.  Asymmetric Expectation Effects of Regime Shifts in Monetary Policy , 2009 .

[15]  A. Gelfand,et al.  Bayesian Model Choice: Asymptotics and Exact Calculations , 1994 .

[16]  P. Ireland.  Changes in the Federal Reserve's Inflation Target: Causes and Consequences , 2005 .

[17]  Martin Seneca,et al.  NEW PERSPECTIVES ON DEPRECIATION SHOCKS AS A SOURCE OF BUSINESS CYCLE FLUCTUATIONS , 2011, Macroeconomic Dynamics.

[18]  John Geweke,et al.  Federal Reserve Bank of Minneapolis Research Department Staff Report 249 Using Simulation Methods for Bayesian Econometric Models: Inference, Development, and Communication , 2022 .

[19]  Lawrence J. Christiano,et al.  Firm-Specific Capital, Nominal Rigidities and the Business Cycle , 2005 .

[20]  Ellen R. McGrattan,et al.  Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem? , 1996 .

[21]  F. Canova,et al.  On the Time Variations of US Monetary Policy: Who is right? , 2004 .

[22]  Frank Schorfheide,et al.  On the Fit and Forecasting Performance of New Keynesian Models , 2005, SSRN Electronic Journal.

[23]  K. Huang,et al.  Staggered Price-Setting, Staggered Wage-Setting, and Business Cycle Persistence , 2002 .

[24]  John H. Pencavel,et al.  Chapter 1 Labor supply of men: A survey , 1986 .

[25]  Frank T. Denton,et al.  Adjustment of Monthly or Quarterly Series to Annual Totals: An Approach Based on Quadratic Minimization , 1971 .

[26]  Randall Wright,et al.  Homework in labor economics: Household production and intertemporal substitution , 2000 .

[27]  Giorgio E. Primiceri.  Time Varying Structural Vector Autoregressions and Monetary Policy , 2002 .

[28]  Lawrence J. Christiano,et al.  Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy , 2001, Journal of Political Economy.

[29]  C. Sims.  Solving Linear Rational Expectations Models , 2002 .

[30]  C. Sims,et al.  Bayesian methods for dynamic multivariate models , 1998 .

[31]  Frank Schorfheide,et al.  Testing for Indeterminacy: An Application to U. S. Monetary Policy , 2002 .

[32]  Olivier J. Blanchard,et al.  Monopolistic Competition and the Effects of Aggregate Demand , 1987 .

[33]  C. Sims,et al.  Were there Regime Switches in U.S. Monetary Policy , 2006 .

[34]  Jean Boivin,et al.  Has Monetary Policy Become More Effective? , 2003, The Review of Economics and Statistics.

[35]  J. Galí,et al.  Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory , 1998 .

[36]  Shocks and Government Beliefs: The Rise and Fall of American Inflation , 2006 .

[37]  J. Galí,et al.  Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations , 1996 .

[38]  Carlo A. Favero,et al.  Macroeconomic Stability and the Preferences of the Fed. A Formal Analysis, 1961-98 , 2001 .

[39]  Frank Schorfheide,et al.  Learning and Monetary Policy Shifts , 2003 .

[40]  H. Uhlig.  Do Technology Shocks Lead to a Fall in Total Hours Worked , 2004 .

[41]  John G. Fernald,et al.  Aggregate Productivity and Aggregate Technology , 1997 .

[42]  Jonas D. M. Fisher.  The Dynamic Effects of Neutral and Investment‐Specific Technology Shocks , 2006, Journal of Political Economy.

[43]  Peter J. Klenow,et al.  Some Evidence on the Importance of Sticky Prices , 2004 .

[44]  Frank Schorfheide,et al.  On the Fit of New Keynesian Models , 2007 .

[45]  John B. Taylor.  Chapter 15 Staggered price and wage setting in macroeconomics , 1999 .

[46]  Frank Schorfheide,et al.  Staff Reports Forming Priors for DSGE Models ( and How It Affects the Assessment of Nominal Rigidities ) , 2008 .

[47]  F. Canova,et al.  The Structural Dynamics of U.S. Output and Inflation: What Explains the Changes? , 2006 .

[48]  Per Krusell,et al.  Long-Run Implications of Investment-Specific Technological Change , 1995 .

[49]  Understanding Markov-Switching Rational Expectations Models , 2009 .

[50]  Robert E. Hall,et al.  The Relation between Price and Marginal Cost in U.S. Industry , 1988, Journal of Political Economy.

[51]  K. Huang,et al.  Why Does the Cyclical Behavior of Real Wages Change Over Time? , 2002 .

[52]  Zheng Liu,et al.  Technology Shocks and Labor Market Dynamics: Some Evidence and Theory , 2005 .

[53]  Giorgio E. Primiceri,et al.  The Time Varying Volatility of Macroeconomic Fluctuations , 2006 .

[54]  G. Violante,et al.  Investment-Specific Technical Change in the Us (1947-2000): Measurement and Macroeconomic Consequences , 2002 .