🌿New Keynesian DSGE Model (Part 1)–Dynamic Analysis of a Monetary Shock|Three-Equations Model🌿
Автор: 🌿Mind Maths with Amina🌿
Загружено: 2025-11-25
Просмотров: 106
Описание:
In this lesson, we continue the dynamic analysis of the three-equations DSGE model.
Using the method of undetermined coefficients, we derive the trial solutions, solve for the coefficients step-by-step, and interpret how a monetary innovation shock affects output, inflation, and the interest rate.
This video includes:
✔️ Setting up the shock as an AR(1) process
✔️ Trial solutions
✔️ Solving for coefficients and
✔️ Economic interpretation of signs
✔️ Diagrams for output, inflation, and interest rate dynamics
This lesson is part of the Macroeconomic Analysis series for students studying advanced macroeconomics, DSGE models, or MS Economics courses.
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#Macroeconomics
#DynamicAnalysis
#ThreeEquationsModel
#MonetaryPolicy
#EconomicsLecture
#MSEconomics
#ISCurve
#PhillipsCurve
#TaylorRule
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