Habit formation and the persistence of monetary shocks

By Hafedh Bouakez, Emanuela Cardia, Francisco J. Ruge-Murcia. 2005

115 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a09d08b34817ff51364a3ca43e2b59a6ef6d0d4d

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In Economics and Econometrics

Citations in the corpus

Sticky Prices versus Monetary Frictions: An Estimation of Policy Trade-Offs (2009, unknown): “…and hence implicitly or explicitly estimate a DSGE model-implied money demand function: Christiano, Eichenbaum and Evans (2005), Andres, Lopez-Salido, and Nelson (2004, 2007), Ireland (2004), Bouakez, Cardia, and Ruge-Murcia (2005, 2009), Christensen and Dib (2008), Guerron-Quintana (2008, 2009).”
The financial accelerator in an estimated New Keynesian model (2008, methodology): “18 This estimation method is used by Bouakez et al. (2005), Dib (2003, 2006), Ireland (2003), and several others.”
Habit Formation in Consumption: A Meta-Analysis (2017, methodology): “…are obtained by minimizing the distance between the model predictions and the empirical impulse response function (Christiano et al., 2005), by maximizing the likelihood of the state space representation of the model (Bouakez et al., 2005), or by using Bayesian methods (Smets & Wouters, 2007).”
THE TRANSMISSION OF MONETARY POLICY IN A MULTISECTOR ECONOMY (2009, unknown): “[9]”
Estimating Dynamic Equilibrium Economies: Linear versus Nonlinear Likelihood (2005, methodology): “Fernández-Villaverde and Rubio-Ramírez (2004) propose the following Sequential Monte Carlo method to evaluate the likelihood function of y induced by (2) and (3).”
Methods to Estimate Dynamic Stochastic General Equilibrium Models (2007, methodology): “This strategy is followed by Kim (2000), Ireland (2001), Bouakez, Cardia, and Ruge-Murcia (2001), and Dib and Phaneuf (2001).”