Advanced Search
DSpace@MIT

Empirical study of new Keynesian model using cointegrated VAR : what New Zealand data tell us

Research and Teaching Output of the MIT Community

Show simple item record

dc.contributor.advisor Michael Piore. en_US
dc.contributor.author Kim, Hae-min en_US
dc.contributor.other Massachusetts Institute of Technology. Dept. of Economics. en_US
dc.coverage.spatial u-nz--- en_US
dc.date.accessioned 2010-04-28T17:15:41Z
dc.date.available 2010-04-28T17:15:41Z
dc.date.copyright 2009 en_US
dc.date.issued 2009 en_US
dc.identifier.uri http://hdl.handle.net/1721.1/54656
dc.description Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Economics, 2009. en_US
dc.description Cataloged from PDF version of thesis. en_US
dc.description Includes bibliographical references (p. 27-28). en_US
dc.description.abstract Econometric analysis of rational expectations models has been a widely studied topic in the macro-econometric literature. This thesis looks in particular at evaluating Neokeynesian model (NKM) with respect to its conformity with the data. Among the available econometric techniques, this thesis investigates what cointegrated VAR can illuminate about how close the NKM gets to the data. This project closely follow the approach taken by Mikael Juselius (2008) and extends the analysis to the New Zealand data. The findings from the thesis lend support to Juselius' conclusions but in a limited way. The results from this thesis question the robustness of his claims based on US data supporting inexact rational expectations models. en_US
dc.description.statementofresponsibility by Hae-min Kim. en_US
dc.format.extent 28 p. en_US
dc.language.iso eng en_US
dc.publisher Massachusetts Institute of Technology en_US
dc.rights M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. en_US
dc.rights.uri http://dspace.mit.edu/handle/1721.1/7582 en_US
dc.subject Economics. en_US
dc.title Empirical study of new Keynesian model using cointegrated VAR : what New Zealand data tell us en_US
dc.type Thesis en_US
dc.description.degree S.M. en_US
dc.contributor.department Massachusetts Institute of Technology. Dept. of Economics. en_US
dc.identifier.oclc 606604267 en_US


Files in this item

Name Size Format Description
606604267.pdf 1.157Mb PDF Preview, non-printable (open to all)
606604267-MIT.pdf 1.219Mb PDF Full printable version (MIT only)

This item appears in the following Collection(s)

Show simple item record

MIT-Mirage