Exportar Publicação

A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Mendes, V. & Mendes, D. A. (2019). Occasionally Binding Constraints in the New Keynesian Model: Solution by Time Iteration. JuliaCon2019.
Exportar Referência (IEEE) 
V. M. Mendes and D. E. Mendes,  "Occasionally Binding Constraints in the New Keynesian Model: Solution by Time Iteration", in JuliaCon2019, Baltimore, 2019
Exportar BibTeX 
@misc{mendes2019_1734888057787,
	author = "Mendes, V. and Mendes, D. A.",
	title = "Occasionally Binding Constraints in the New Keynesian Model: Solution by Time Iteration",
	year = "2019",
	url = "https://juliacon.org/2019/"
}
Exportar RIS 
TY  - CPAPER
TI  - Occasionally Binding Constraints in the New Keynesian Model: Solution by Time Iteration
T2  - JuliaCon2019
AU  - Mendes, V.
AU  - Mendes, D. A.
PY  - 2019
CY  - Baltimore
UR  - https://juliacon.org/2019/
AB  - In this paper we solve a New Keynesian Model with a typical Taylor Rule for monetary
policy, and with occasionally binding constraints (OBCs) on nominal interest rates. We
consider two dierent states (a ”normal” state and the ”Zero Lower Bound” on interest rates),
modelled as a Markov process. The solution is obtained by the method of time iteration and
follows the approach presented by Sunakawa (2019). Surprisingly, the method ends up being
extremely easy to implement (with less than 200 lines of code), flexible, and extremely fast.
ER  -