Putting the 'New Open Economy Macroeconomics' to a test
By Paul R. Bergin. 2003
183 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/5b88ea72ff3a2309489b487feb71c952f9ba6f50
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Thomas A. Lubik
- Frank Schorfheide
- Francisco J. Ruge-Murcia
- Alasdair M. Scott
- Richard Harrison
- G. Ramsay
- Rebecca L. Driver
- Kalin Nikolov
Citations in the corpus
- Do Central Banks Respond to Exchange Rate Movements? A Structural Investigation (2007, background): “3See Bergin (2003) for an alternative approach.”
- Methods to Estimate Dynamic Stochastic General Equilibrium Models (2007, background): “These variables are linearly independent despite relations (4) and (5) because nt yt, yt ct−1 and ct yt−1 are not included in mi.”
- The Bank of England Quarterly Model (2005, background): “34, whereas the full model estimate of Bergin (2003) suggests a value very close to zero.”
- An estimated dynamic stochastic general equilibrium model of the euro area. NBB Working Paper Nr. 35 (2002, unknown): “Bergin (2003), using classical likelihood methods, nds evidence in favor of a open economy DSGE model when a general covariance matrix between the shocks is allowed.”
- Concepts of equilibrium exchange rates (2005, background): “See also Bergin (2003) for an attempt to test the importance of this assumption empirically in the context of a DSGE model.”
- The Endogeneity of the Exchange Rate as a Determinant of FDI: A Model of Money, Entry, and Multinati (2004, methodology): “The subjective discount rate in the utility function, β, is assigned the value used in Bergin (2003) and the value for the substitution elasticity between goods is taken from the middle of the range of estimates in that study.”
- A Bayesian Look at New Open Economy Macroeconomics (2005, methodology): “Bergin (2003, 2004) has demonstrated empirically that local currency pricing, i.e. price-setting in the currency of the consumer, is an important component for explaining exchange rate movements.”
- Taylor Rules and the Deutschmark-Dollar Real Exchange Rate (2006, unknown): “Some recent literature (Bergin 2003) also assumes exogenous monetary policy, while estimating a general equilibrium stickyprice open-economy macroeconomic model.”
- In Search of the Armington Elasticity (2014, unknown): “Using ∆ to denote the first difference, from (11), (13) and (16) we have,”
- An Estimated DSGE Model for the German Economy within the Euro Area (2005, unknown): “Lt(z) = α 1− α nom t Kt(z)/(W nom t ) (9)”