Data for: Firm-specific capital, inflation persistence and the sources of business cycles
| Main Author: | Madeira, João |
|---|---|
| Format: | Dataset |
| Terbitan: |
Mendeley
, 2016
|
| Subjects: | |
| Online Access: |
https:/data.mendeley.com/datasets/vztsv8rgpm |
| ctrlnum |
0.17632-vztsv8rgpm.1 |
|---|---|
| fullrecord |
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<dc><creator>Madeira, João</creator><title>Data for: Firm-specific capital, inflation persistence and the sources of business cycles </title><publisher>Mendeley</publisher><description>Abstract of associated article: This paper estimates a firm-specific capital DSGE model. Firm-specific capital improves the fit of DSGE models to the data (as shown by a large increase in the value of the log marginal likelihood). This results from a lower implied estimate of the NKPC slope for a given degree of price stickiness. Firm-specific capital leads to a better fit to the volatilities of macro variables and a greater persistence of inflation. It is also shown that firm-specific capital reduces the dependence of New Keynesian models on price markup shocks and that it increases the persistence of output to monetary shocks.</description><subject>Economics</subject><subject>Macroeconomics</subject><type>Other:Dataset</type><identifier>10.17632/vztsv8rgpm.1</identifier><rights>Attribution-NonCommercial 3.0 Unported</rights><rights>https://creativecommons.org/licenses/by-nc/3.0</rights><relation>https:/data.mendeley.com/datasets/vztsv8rgpm</relation><date>2016-12-09T14:44:46Z</date><recordID>0.17632-vztsv8rgpm.1</recordID></dc>
|
| format |
Other:Dataset Other |
| author |
Madeira, João |
| title |
Data for: Firm-specific capital, inflation persistence and the sources of business cycles |
| publisher |
Mendeley |
| publishDate |
2016 |
| topic |
Economics Macroeconomics |
| url |
https:/data.mendeley.com/datasets/vztsv8rgpm |
| contents |
Abstract of associated article: This paper estimates a firm-specific capital DSGE model. Firm-specific capital improves the fit of DSGE models to the data (as shown by a large increase in the value of the log marginal likelihood). This results from a lower implied estimate of the NKPC slope for a given degree of price stickiness. Firm-specific capital leads to a better fit to the volatilities of macro variables and a greater persistence of inflation. It is also shown that firm-specific capital reduces the dependence of New Keynesian models on price markup shocks and that it increases the persistence of output to monetary shocks. |
| id |
IOS7969.0.17632-vztsv8rgpm.1 |
| institution |
Universitas Islam Indragiri |
| affiliation |
onesearch.perpusnas.go.id |
| institution_id |
804 |
| institution_type |
library:university library |
| library |
Teknologi Pangan UNISI |
| library_id |
2816 |
| collection |
Artikel mulono |
| repository_id |
7969 |
| city |
INDRAGIRI HILIR |
| province |
RIAU |
| shared_to_ipusnas_str |
1 |
| repoId |
IOS7969 |
| first_indexed |
2020-04-08T08:30:42Z |
| last_indexed |
2020-04-08T08:30:42Z |
| recordtype |
dc |
| _version_ |
1686587757666762752 |
| score |
17.538404 |