Titlebook: Inflation versus Price-Level Targeting; Bayesian Estimation Lukas Heim Book 2015 Springer Fachmedien Wiesbaden 2015 Bayesian Estimation.Co

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Lukas Heimy structures and of undesirable vibration within structures in response to environmental or operational forces. The fundamentals of acoustics, vibration and coupling between vibrating structures and the sound fields they generate are introduced including a discussion of the finite element method for

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,Results – Inflation versus Price-Level Targeting,evel targeting is based on impulse response functions for different shocks and a stochastic simulation. The findings are compared to previous studies in the field of price-level targeting such as Svensson (1999) and Vestin (2006).

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2625-3577 ng rule compared to that of a standard inflation targeting rule. The comparison is based on a medium-scale DSGE model which has been estimated based on state-of-the-art Bayesian methods. The model for the Swiss economy is an expanded version of the framework proposed by Galì and Monacelli (2005) as

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