Munich Personal RePEc Archive

Estimation of the Basic New Keynesian Model for the Economy of Romania

Ifrim, Adrian (2014): Estimation of the Basic New Keynesian Model for the Economy of Romania.

This is the latest version of this item.

[img]
Preview
PDF
MPRA_paper_63900.pdf

Download (625kB) | Preview

Abstract

In this paper a simple New-Keynesian DSGE model is derived and then estimated for the Romanian economy. Some parameters are calibrated and others are estimated on Romania’s data using Bayesian techniques. The model fit is evaluated and the effects of different types of shock are presented.

Available Versions of this Item

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.