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A Model of Rule-of-Thumb Consumers With Nominal Price and Wage Rigidities

dc.creatorOcampo-Díaz, Sergio
dc.date.created2012-05-08
dc.date.issued2012-05-08
dc.identifier.urihttps://repositorio.banrep.gov.co/handle/20.500.12134/5730
dc.description.abstractThis document presents a dynamic stochastic general equilibrium model with rule of thumb (Non-Ricardian) agents and both nominal price and wage rigidities. The model follows closely that of Galí et al. (2004) and expands it to include a second way form of
dc.format.mimetypePDF
dc.language.isospa
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 707
dc.rights.accessRightsOpen Access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.titleA Model of Rule-of-Thumb Consumers With Nominal Price and Wage Rigidities
dc.typeWorking Paper
dc.subject.jelE32 - Business Fluctuations; Cycles
dc.subject.jelC68 - Computable General Equilibrium Models
dc.subject.jelE37 - Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Application
dc.subject.keywordDSGE
dc.subject.keywordNominal Rigidities
dc.subject.keywordrule of thumb consumers
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaE32 - Fluctuaciones económicas; Ciclos
dc.subject.jelspaE37 - Precios, fluctuaciones y ciclos económicos: Predicción y simulación; Modelos y aplicación
dc.subject.jelspaC68 - Modelos de equilibrio general computables
dc.type.hasversionPublished Version
dc.coverage.sucursalBogotá
dc.relation.doihttps://doi.org/10.32468/be.707
dc.rights.disclaimerLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
dc.relation.repechttps://ideas.repec.org/p/bdr/borrec/707.html
dc.relation.dotechttps://ideas.repec.org/p/col/000094/009595.html
dc.identifier.handlehttps://hdl.handle.net/20.500.12134/5730
dc.source.handleRepecRePEc:bdr:borrec:707
dc.source.handleRepecRePEc:col:000094:009595


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