🌿Stability and Determinacy in the New Keynesian Model | Blanchard–Kahn Conditions Explained🌿
Автор: 🌿Mind Maths with Amina🌿
Загружено: 2026-01-14
Просмотров: 8
Описание:
In this video, I explain stability and determinacy in the New Keynesian (NK) model using the Blanchard–Kahn conditions.
We discuss: • Jump variables vs predetermined variables
• Stable and unstable eigenvalues
• Saddle-path equilibrium
• Indeterminacy
• Explosive (no-equilibrium) cases
• How monetary policy (Taylor rule) affects determinacy
This video is ideal for students studying macroeconomics, DSGE models, rational expectations, or graduate macro theory.
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#DSGE
#Macroeconomics
#BlanchardKahn
#StabilityAnalysis
#Determinacy
#RationalExpectations
#GraduateMacro
#MonetaryPolicy
#EconomicsExplained
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