{"product_id":"finance-and-economics-discussion-series-natural-rate-measures-in-an-estimated-dsge-model-of-the-us-economy-1288708874","title":"Finance and Economics Discussion Series: Natural Rate Measures in an Estimated Dsge Model of the U.S. Economy","description":"\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 1288708874\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Edge, Rochelle M\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eCondition:\u003c\/strong\u003e New\u003c\/p\u003e\u003cp\u003eThis paper presents a monetary DSGE model of the U.S. economy. The model captures the most important production, expenditure, and nominal-contracting decisions underlying economic data while remaining sufficiently small to allow it to provide a clear interpretation of the data. We emphasize the role of model-based analyses as vehicles for storytelling by providing several examples--based around the evolution of natural rates of production and interest--of how our model can provide narratives to explain recent macroeconomic fluctuations. The stories obtained from our model are both similar to and quite different from conventional accounts.\u003c\/p\u003e","brand":"Mia Karts","offers":[{"title":"Default Title","offer_id":51968873759008,"sku":"NEW1288708874","price":18.9,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0980\/7426\/3840\/files\/81EC9RzuV5L.jpg?v=1783716335","url":"https:\/\/miakarts.com\/products\/finance-and-economics-discussion-series-natural-rate-measures-in-an-estimated-dsge-model-of-the-us-economy-1288708874","provider":"Miakarts Books","version":"1.0","type":"link"}