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Habit Formation, Price Indexation and Wage Indexation in the DSGE Model: Specification, Estimation and Model Fit Cover

Habit Formation, Price Indexation and Wage Indexation in the DSGE Model: Specification, Estimation and Model Fit

Review of Economic Perspectives
Volume 11 (2011): Issue 2 (June 2011)
By: Martin Slanicay and  Osvald Vašíček  
Open Access
|Jul 2011

Authors

Martin Slanicay

Osvald Vašíček

DOI: https://doi.org/10.2478/v10135-011-0008-9 | Journal eISSN: 1804-1663 | Journal ISSN: 1213-2446
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Language: English
Page range: 71 - 91
Published on: Jul 4, 2011
Published by: Mendel University in Brno
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year
Keywords:
New Keynesian DSGE model,
habit formation,
price indexation,
wage indexation,
model comparison,
Bayes factor
Related subjects:
Business and economics,
Political economics,
Economic theory, systems and structures

© 2011 Martin Slanicay, Osvald Vašíček, published by Mendel University in Brno
This work is licensed under the Creative Commons License.

Volume 11 (2011): Issue 2 (June 2011)