Assessing the impacts of non-Ricardian households in an estimated New Keynesian DSGE model

A New Keynesian DSGE model with non-Ricardian households is estimated and tested for the Portuguese economy The share of non-Ricardian households is estimated to be 58%. This relatively high value conforms to estimates for the US economy (50%), but is higher than for other European countries (betwee...

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Veröffentlicht in:Swiss journal of economics and statistics
1. Verfasser: Marto, Ricardo (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2014
Schlagworte:
DSGE > New Keynesian model > non-Ricardian households > Bayesian inference > Portugal > Aufsatz in Zeitschrift
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