Are structural parameters stable in Malaysia? Pre- and post-crisis analysis
This research examines whether structural parameters of new keynesian models are stable in Malaysia. We imposed the structural restrictions as in DSGE models suggested by Smets and Wouters (2003) and Wickens (2011). We then estimated whether the 2007 financial crisis changes structural parameters...
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Format: | Article |
Language: | English |
Published: |
Penerbit Universiti Kebangsaan Malaysia
2016
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Online Access: | http://journalarticle.ukm.my/10790/ http://journalarticle.ukm.my/10790/ http://journalarticle.ukm.my/10790/1/jeko_50%282%29-16.pdf |