Structural Estimates of the U.S. Sacrifice Ratio
By Stephen G. Cecchetti, Robert W. Rich. 2001
143 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/d150b5d73af3f20f8d9ee7ea3fba0df3135b7545
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In Economics and Econometrics
Citations in the corpus
- Disinflation in a DSGE perspective: sacrifice ratio or welfare gain ratio? (2012, methodology): “Using the vector autoregression (VAR) methodology, Cecchetti and Rich (2001) nd estimates of the sacri ce ratio between 1 and 10 for the United States, while Durand et al. (2007) studies twelve euro-area countries and reports substantially lower sacri ce ratios ranging from 0.23 to 0.75.”