An estimated two-country DSGE model of Austria and the Euro Area
We present a two-country New Open Economy Macro model of the Austrian economy within the European Union's Economic & Monetary Union (EMU). The model includes both nominal and real frictions that have proven to be important in matching business cycle facts, and that allows for an investigati...
Main Authors: | , |
---|---|
Format: | Others |
Language: | en |
Published: |
Europainstitut, WU Vienna University of Economics and Business
2008
|
Subjects: | |
Online Access: | http://epub.wu.ac.at/558/1/document.pdf |