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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, D. A. & Mendes, V. (2021). Occasionally Binding Constraints in the New Keynesian Model. ICDEA 2021.
Exportar Referência (IEEE) 
D. E. Mendes and V. M. Mendes,  "Occasionally Binding Constraints in the New Keynesian Model", in ICDEA 2021, Sarajevo, 2021
Exportar BibTeX 
@misc{mendes2021_1714838062496,
	author = "Mendes, D. A. and Mendes, V.",
	title = "Occasionally Binding Constraints in the New Keynesian Model",
	year = "2021",
	howpublished = "Digital",
	url = "https://icdea2021.pmf.unsa.ba/"
}
Exportar RIS 
TY  - CPAPER
TI  - Occasionally Binding Constraints in the New Keynesian Model
T2  - ICDEA 2021
AU  - Mendes, D. A.
AU  - Mendes, V.
PY  - 2021
CY  - Sarajevo
UR  - https://icdea2021.pmf.unsa.ba/
AB  - Our main goal is to analyze a standard macroeconomic model with occasionally binding
constraints (OBCs) in this paper. This type of problem is quite ubiquitous in macroe-
conomics but is usually ignored for high computational demands. For example, we can
nd OBCs in models with a zero lower bound constraint on interest rates, in models with
occasionally binding collateral constraints, downward nominal wage rigidities, irreversible
investment, irreversible natural resources, or discrete decision making in Markov decision
processes.
In particular, we will focus on discussing the New Keynesian Model with a typical
Taylor Rule on the nominal short-term interest rate. In this framework, we can consider
two dierent states (a "normal" state and the "Zero Lower Bound" on interest rates),
modeled according to a Markov process. The solution is obtained by the method of time
iteration and follows the approaches recently presented by Sunakawa and Hirose (2019)
and Rendahl (2017).
ER  -