New Keynesian Models
Mostrando 1-8 de 8 artigos, teses e dissertações.
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1. Fiscal multipliers in an incomplete markets economy
This paper studies the behavior of fiscal multipliers in two different economic environments: complete markets and incomplete markets. Based on steady state analysis, output multipliers are found within a range between 0.49 and 0.66, when the markets are complete. Under incomplete markets, output multiplier was found in an interval between 0.75 and 0.94. The
Publicado em: 19/09/2012
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2. The cross-correlation between output and nominal variables in new keynesian models calibrated to Brazil and the U.S.
Este artigo investiga se a interação entre formação de hábito e uma regra de Taylor prospectiva consegue reproduzir o padrão de correlação entre produto e variáveis nominais (inflação e taxa de juros) para o Brasil e os Estados Unidos. O estudo emprega um modelo Novo-Keynesiano com rigidez de preço ou de informação. O padrão de correlações v
Economia Aplicada. Publicado em: 2011-12
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3. An account of new developmentalism and its structuralist macroeconomics
This is a personal account of the definition of "new developmentalism" - a national development strategy alternative to the Washington consensus -, and of a "structuralist development macroeconomics": the sum of models that justifies theoretically that strategy. It is personal account of a collective work involving Keynesian, institutionalist and structurali
Brazilian Journal of Political Economy. Publicado em: 2011-09
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4. An empirical investigation into the mean sources of economic fluctuation in Brazil / Uma investigação empírica sobre as principais fontes de choques das flutuações econômicas brasileiras
O objetivo desse trabalho é, a partir de um modelo estrutural de economia aberta novokeynesiano, determinar se as flutuações econômicas no Brasil são resultados de algumas poucas fontes principais de choques ou de muitas fontes diferentes de choques bem como as respostas dinâmicas que estes geram nas flutuações econômicas, utilizando-se da análise
Publicado em: 2010
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5. New consensus macroeconomics and inflation targeting: Keynesian critique
A number of countries have adopted Inflation Targeting (IT) since the early 1990s in an attempt to reduce inflation to low levels. Since then, IT has been praised by most literature as a superior framework of monetary policy. We suggest that IT is a major policy prescription closely associated with the New Consensus Macroeconomics (NCM). This paper concentra
Economia e Sociedade. Publicado em: 2008-12
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6. Using a Bayesian approach to estimate and compare new Keynesian DSGE models for the Brazilian economy: the role for endogenous persistence
Modelos de equilíbrio geral dinâmicos e estocásticos têm sido desenvolvidos para a análise de política monetária em economias abertas. Com este propósito, o modelo básico precisa ser enriquecido com as fontes de rigidez nominal e real que são capazes de explicar a persistência observada no produto e na inflação. Com esta perspectiva, a metodolog
Revista Brasileira de Economia. Publicado em: 2008-09
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7. ENSAIOS SOBRE POLÍTICA MONETÁRIA E FLUTUAÇÕES ECONÔMICAS NA PRESENÇA DE IMPERFEIÇÕES DE MERCADO / ESSAYS ON MONETARY POLICY AND BUSINESS CYCLES UNDER MARKET IMPERFECTIONS
This thesis consists of three essays on economic fluctuations and monetary policy issues, which are investigated within New- Keynesian monetary general equilibrium models. The first essay analyzes the properties of optimal disinflation policies, seeking to identify conditions under which: (i) the optimal disinflationary path involves significant output losse
Publicado em: 2007
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8. A Economia como Ciência. Dos Clássicos a Keynes / Economy as a Science: From the Classics to Keynes
This essay will compare three alternative models in economics. The first is that of a positive science, following the (neo)classical macroeconomic model. The second is that of a political or moral science, as exemplified by Keynes. The last includes the contributions of M. Kalecki related the economic cycles and the theory of value. This paper will analyse t
Publicado em: 24/11/2005