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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)
Madeira, J. (2015). Firm-specific capital, inflation persistence and the sources of business cycles. European Economic Review. 74, 229-243
Exportar Referência (IEEE)
J. A. Madeira,  "Firm-specific capital, inflation persistence and the sources of business cycles", in European Economic Review, vol. 74, pp. 229-243, 2015
Exportar BibTeX
@article{madeira2015_1732208754954,
	author = "Madeira, J.",
	title = "Firm-specific capital, inflation persistence and the sources of business cycles",
	journal = "European Economic Review",
	year = "2015",
	volume = "74",
	number = "",
	doi = "10.1016/j.euroecorev.2014.12.004",
	pages = "229-243",
	url = "https://www.sciencedirect.com/journal/european-economic-review"
}
Exportar RIS
TY  - JOUR
TI  - Firm-specific capital, inflation persistence and the sources of business cycles
T2  - European Economic Review
VL  - 74
AU  - Madeira, J.
PY  - 2015
SP  - 229-243
SN  - 0014-2921
DO  - 10.1016/j.euroecorev.2014.12.004
UR  - https://www.sciencedirect.com/journal/european-economic-review
AB  - This paper estimates a firm-specific capital DSGE model. Firm-specific capital improves the fit of DSGE models to the data (as shown by a large increase in the value of the log marginal likelihood). This results from a lower implied estimate of the NKPC slope for a given degree of price stickiness. Firm-specific capital leads to a better fit to the volatilities of macro variables and a greater persistence of inflation. It is also shown that firm-specific capital reduces the dependence of New Keynesian models on price markup shocks and that it increases the persistence of output to monetary shocks.
ER  -