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Cardiff Business School, Cardiff University >
Cardiff Economics Working Papers >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/65804
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Dixon, Huw | | en_US |
| dc.contributor.author | | Kara, Engin | | en_US |
| dc.date.accessioned | | 2012-05-07 | | en_US |
| dc.date.accessioned | | 2012-11-02T14:28:57Z | | - |
| dc.date.available | | 2012-11-02T14:28:57Z | | - |
| dc.date.issued | | 2012 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/65804 | | - |
| dc.description.abstract | | We estimate and compare two models, the Generalized Taylor Economy (GTE) and the Multiple Calvo model (MC), that have been built to model the distributions of contract lengths observed in the data. We compare the performances of these models to those of the standard models such as the Calvo and its popular variant, using the ad hoc device of indexation. The estimations are made with Bayesian techniques for the US data. The results indicate that the data strongly favour the GTE. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Cardiff Univ, Cardiff Business School, Economics Section Cardiff | | en_US |
| dc.relation.ispartofseries | | Cardiff Economics Working Papers E2012/8 | | en_US |
| dc.subject.jel | | E32 | | en_US |
| dc.subject.jel | | E52 | | en_US |
| dc.subject.jel | | E58 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | DSGE models | | en_US |
| dc.subject.keyword | | Calvo | | en_US |
| dc.subject.keyword | | Taylor | | en_US |
| dc.subject.keyword | | price-setting | | en_US |
| dc.title | | Taking multi-sector dynamic general equilibrium models to the data | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 71531002X | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Cardiff Economics Working Papers
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