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(Solved): Different shocks on the macro economy–based on the New Keynesian model(DSGE MODEL).
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(Solved): Different shocks on the macro economy–based on the New Keynesian model(DSGE MODEL).
the effect of Monetary policy shock, demand shock and cost-push shock on the macroeconomy, for exaple, effect on inflation , output and rate. and these are based on the New Keynesian model(DSGE). for reference:in entire dessertation, I need to set up a model based on DSGE and using dynare to simulate these shocks.
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