Empirical study of new Keynesian model using cointegrated VAR : what New Zealand data tell us
Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Economics, 2009.
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2010
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| Online Access: | http://hdl.handle.net/1721.1/54656 |
| _version_ | 1826207279626584064 |
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| author | Kim, Hae-min |
| author2 | Michael Piore. |
| author_facet | Michael Piore. Kim, Hae-min |
| author_sort | Kim, Hae-min |
| collection | MIT |
| description | Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Economics, 2009. |
| first_indexed | 2024-09-23T13:46:52Z |
| format | Thesis |
| id | mit-1721.1/54656 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T13:46:52Z |
| publishDate | 2010 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/546562019-04-10T17:58:23Z Empirical study of new Keynesian model using cointegrated VAR : what New Zealand data tell us Kim, Hae-min Michael Piore. Massachusetts Institute of Technology. Dept. of Economics. Massachusetts Institute of Technology. Dept. of Economics. Economics. Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Economics, 2009. Cataloged from PDF version of thesis. Includes bibliographical references (p. 27-28). Econometric analysis of rational expectations models has been a widely studied topic in the macro-econometric literature. This thesis looks in particular at evaluating Neokeynesian model (NKM) with respect to its conformity with the data. Among the available econometric techniques, this thesis investigates what cointegrated VAR can illuminate about how close the NKM gets to the data. This project closely follow the approach taken by Mikael Juselius (2008) and extends the analysis to the New Zealand data. The findings from the thesis lend support to Juselius' conclusions but in a limited way. The results from this thesis question the robustness of his claims based on US data supporting inexact rational expectations models. by Hae-min Kim. S.M. 2010-04-28T17:15:41Z 2010-04-28T17:15:41Z 2009 2009 Thesis http://hdl.handle.net/1721.1/54656 606604267 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 28 p. application/pdf u-nz--- Massachusetts Institute of Technology |
| spellingShingle | Economics. Kim, Hae-min Empirical study of new Keynesian model using cointegrated VAR : what New Zealand data tell us |
| title | Empirical study of new Keynesian model using cointegrated VAR : what New Zealand data tell us |
| title_full | Empirical study of new Keynesian model using cointegrated VAR : what New Zealand data tell us |
| title_fullStr | Empirical study of new Keynesian model using cointegrated VAR : what New Zealand data tell us |
| title_full_unstemmed | Empirical study of new Keynesian model using cointegrated VAR : what New Zealand data tell us |
| title_short | Empirical study of new Keynesian model using cointegrated VAR : what New Zealand data tell us |
| title_sort | empirical study of new keynesian model using cointegrated var what new zealand data tell us |
| topic | Economics. |
| url | http://hdl.handle.net/1721.1/54656 |
| work_keys_str_mv | AT kimhaemin empiricalstudyofnewkeynesianmodelusingcointegratedvarwhatnewzealanddatatellus |