Unemployment, Financial Frictions and DSGE Models: A Survey - Collections

＜departmental bulletin paper＞
Unemployment, Financial Frictions and DSGE Models: A Survey

Creator	Creator Name Komatsu, Goro 小松, 悟朗コマツ, ゴロウ Affiliation Affiliation Name Graduate School of Economics, Kyushu University : Doctoral Program 九州大学大学院経済学府 : 博士後期課程
Language	English
Publisher	九州大学大学院経済学会
Publisher	Kyushu Daigaku Daigakuin Keizaigakukai
Date	2019-11-22
Source Title	The Keizai Ronkyu
Vol	164/165
First Page	51
Last Page	79
Publication Type	Version of Record
Access Rights	open access
JaLC DOI	https://doi.org/10.15017/2544118
Abstract	This paper surveys the challenges for macroeconomics and their monetary policy implications by tracing the evolution of DSGE models before, during, and after the crisis. The survey primarily focuses o...n the issues relevant to the financial crises: financial frictions, unemployment and monetary policy. The survey ends by providing the challenges for future DSGE models.show more

File	FileType	Size	Views	Description
p051	pdf	755 KB	521

PISSN	0451-6230
NCID	AN00071436
Record ID	2544118
Subject Terms	DSGE models
	RBC theory
	New Keynesian model
	Business cycles
	Financial Crisis
	Great Recession
	Financial frictions
	Unemployment fluctuations
	Search and matching
	Involuntary unemployment Monetary policy
Created Date	2019.11.27
Modified Date	2020.10.14