Browsing Handelshøyskolen BI by Subject "Zero Lower Bound, Regime-switching, DSGE, Bayesian Estimation"

Now showing items 1-1 of 1

    • Implementing the Zero Lower Bound in an Estimated Regime-Switching DSGE Model 

      Binning, Andrew; Maih, Junior (CAMP Working Paper Series;3/2016, Working paper, 2016)
      The Zero Lower Bound (ZLB) on policy rates is one of the key monetary policy issues du jour. In this paper we investigate the problem of modelling and estimating the ZLB in a simple New Keynesian model with regime switches. ...