This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

News versus Sunspot Shocks in Linear Rational Expectations Models

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Lilia Karnizova () (Department of Economics, University of Ottawa)

Additional information is available for the following registered author(s):

Abstract

This paper compares news and sunspot shocks as sources of exogenous changes in beliefs by analyzing equilibria of rational expectations models. The similarities and differences between the two shocks are illustrated in a New Keynesian monetary model.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.socialsciences.uottawa.ca/eco/pdf/cahiers/0706E.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by University of Ottawa, Department of Economics in its series Working Papers with number 0706E.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 19 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:ott:wpaper:0706e

Contact details of provider:
Postal: PO Box 450, Station A, Ottawa, Ontario, K1N 6N5
Phone: (613) 562-5753
Fax: (613) 562-5999
Email:
Web page: http://www.socialsciences.uottawa.ca/eco/eng/index.asp
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Diane Ritchot).

Related research
Keywords: News Shocks; Sunspots; Expectation shocks;

Find related papers by JEL classification:
C63 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Computational Techniques
E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
E47 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Forecasting and Simulation
E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

Statistics
Access and download statistics

Did you know? IDEAS was launched in September 1997.

This page was last updated on 2009-11-25.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.