A Step-by-Step Overview of Gertler's and Karadi's "Model of Unconventional Monetary Policy"

Language: English

Published by GRIN Verlag Okt 2017, 2017

3668540543 / 9783668540545

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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This item is printed on demand - it takes 3-4 days longer - Neuware -Research Paper (undergraduate) from the year 2017 in the subject Economics - Finance, grade: 8.5, Maastricht University, course: Macroeconomics I, language: English, abstract: Our goal in this paper is to replicate the model of Gertler and Karadi (2011) and to give an elaborate overview of the way in which this model works. Instead of showing the final results, we provide a step-by-step overview of all the necessary calculations and derivations that lead to the ultimate model. Our last objective is to explain the relevance and the impact that the paper of Gertler and Karadi had. First, we describe the model with separate sections for the different agents that play a role in the model: households, financial intermediaries, intermediate goods firms, capital producing firms, retail firms, and the government (including the central bank). Secondly, we perform a Taylor approximation and import out model into Matlab. Thirdly, the model is analysed and the results are given. Fourthly, the impact of the Gertler and Karadi paper is discussed. 44 pp. Englisch. …

Seller Inventory # 9783668540545

Title
A Step-by-Step Overview of Gertler's and Karadi's "Model of Unconventional Monetary Policy"
Author
Wiktor Owczarz
Publisher
GRIN Verlag Okt 2017
Publication year
2017
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3668540543
ISBN 13
9783668540545
Item weight
79 grams
Dimensions
210x148x4 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

5-star seller

AbeBooks seller since January 11, 2012

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BuchWeltWeit Ludwig Meier e.K.

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