Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject "E4"

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Title: An Estimated DSGE Model of a Small Open Economy within the Monetary Union: Forecasting and structural analysis Author(s): MARCELLINO, Massimiliano; RYCHALOVSKA, Yuliya Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: In this paper we lay out a two-region DSGE model of an open economy within the European Monetary Union. The model, which is built in the New Keynesian tradition, contains real and nominal rigidities such as habit formation ...

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