Monetary shocks and inflation dynamics in the new Keynesian model

Journal of Money, Credit and Banking

Volumn 38, Issue 2, 2006, Pages 543-551

  Dellas, Harris ^a  

^a UNIVERSITY OF BERN   (Switzerland)

Author keywords

Imperfect information; Inflation persistence; Kalman filter; Nominal shocks

Indexed keywords

EID: 33645762677     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.1353/mcb.2006.0030     Document Type: Review

References (11)

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3. Collard, Fabrice, and Harris Dellas (2003). "The Great Inflation of the 70s." ECB Working Paper, forthcoming.
4. Collard, Fabrice, and Harris Dellas (2004a). "Imperfect Information in the New Keynesian Model." Work in progress.
5. Collard, Fabrice, and Harris Dellas (2004b). "Sticky vs Imperfect Information and the New Keynesian Model." Work in progress.
6. Erceg, Christopher, and Andrew Levin (2003). "Imperfect Credibility and Inflation Persistence." Journal of Monetary Economics 50, 915-944.
7. Gali, Jordi, and Mark Gertler (1999). "Inflation Dynamics: A Structural Econometric Analysis." Journal of Monetary Economics 44, 195-222.
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10. Roberts, John (2001). How Well does the New Keynesian Sticky-price Model Fit the Data? Finance and Economics Discussion Paper No. 2001-13. Washington, D.C.: Board of Governors of the Federal Reserve System.
11. Woodford, Michael (2001). "Imperfect Common Knowledge and the Effects of Monetary Policy." Mimeo, Princeton University.