1.
How important are collateral constraints for reproducing salient features of the data? To address this question, we estimate two nested versions of a New Keynesian model:[...]
2016 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
2.
Using Bayesian methods, we estimate a small open economy model in which consumers face limits to credit determined by the value of their housing stock. The purpose of thi[...]
2009 | Text | Staff Working Paper - Document de travail du personnel |
3.
Following the seminal contribution of Kiyotaki and Moore (1997), the role of collateral constraints for business cycle fluctuations has been highlighted by several author[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
4.
How important are the benefits of low price-level uncertainty? This paper explores the desirability of price-level path targeting in an estimated DSGE model fit to Canadi[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |