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- W152848089 abstract "This paper estimates a medium-scale DSGE model with search unemployment by matching model and data spectra. Price mark-up shocks emerge as the main source of business-cycle fluctuations in the euro area. Key factors in the propagation of these disturbances are a high degree of inflation indexation and a persistent response of monetary policy to deviations from the inflation target." @default.
- W152848089 created "2016-06-24" @default.
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- W152848089 date "2009-07-01" @default.
- W152848089 modified "2023-09-24" @default.
- W152848089 title "Evaluating a monetary business cycle model with unemployment for the euro area. NBB Working Paper 173, July 2009" @default.
- W152848089 hasPublicationYear "2009" @default.
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