Monetary - fiscal joint policy analysis: a regime switching DSGD model

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buir.advisorLee, Sang Seok
dc.contributor.authorAkbal, Ömer Faruk
dc.date.accessioned2016-07-13T08:22:45Z
dc.date.available2016-07-13T08:22:45Z
dc.date.copyright2016-06
dc.date.issued2016-06
dc.date.submitted2016-07-12
dc.descriptionCataloged from PDF version of article.en_US
dc.descriptionThesis (M.S.): Bilkent University, Department of Economics, İhsan Doğramacı Bilkent University, 2016.en_US
dc.descriptionIncludes bibliographical references (leaves 33-34).en_US
dc.description.abstractRecent literature on the macroeconomic theory examines the importance of the regime switching in macroeconomic dynamics. Using a regime switching structure, this paper studies a baseline New Keynesian model with fiscal block where regimes are deffined as active monetary passive fiscal (AMPF) and passive monetary active fiscal (PMAF) regimes. In this paper, I demonstrate that the dynamics of aggregate variables differ markedly when non-linear regime switching solutions are considered. To be specific, output and in ation level are more sensitive to the monetary policy shock under PMAF regime and more sensitive to the technological shocks under AMPF regime.en_US
dc.description.provenanceSubmitted by Betül Özen (ozen@bilkent.edu.tr) on 2016-07-13T08:22:45Z No. of bitstreams: 1 10114210.pdf: 1126930 bytes, checksum: 7d3932e5deed18916ad19dbf3de68b37 (MD5)en
dc.description.provenanceMade available in DSpace on 2016-07-13T08:22:45Z (GMT). No. of bitstreams: 1 10114210.pdf: 1126930 bytes, checksum: 7d3932e5deed18916ad19dbf3de68b37 (MD5) Previous issue date: 2016-06en
dc.description.statementofresponsibilityby Ömer Faruk Akbal.en_US
dc.embargo.release2018-07-12
dc.format.extentix, 34 leaves : charts.en_US
dc.identifier.itemidB153636
dc.identifier.urihttp://hdl.handle.net/11693/30135
dc.language.isoEnglishen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectDSGEen_US
dc.subjectJoint Policiesen_US
dc.subjectNon-linear Modelsen_US
dc.subjectPerturbation Methoden_US
dc.subjectRegime Switchingen_US
dc.titleMonetary - fiscal joint policy analysis: a regime switching DSGD modelen_US
dc.title.alternativePara ve maliye politikaları ortak analizi: değişken rejimli DSGD modelien_US
dc.typeThesisen_US
thesis.degree.disciplineEconomics
thesis.degree.grantorBilkent University
thesis.degree.levelMaster's
thesis.degree.nameMA (Master of Arts)

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