Structural Parameters
Discount Factor (beta)
Intertemporal Elasticity (sigma)
Calvo Price Stickiness (theta)
Shocks Persistences - AR(1) root
Cost-Push Shock
Monetary Policy Shock
Household Preferences Shock
Monetary Policy Parameters
Taylor Rule Inflation Resp. (phi_pi)
Taylor Rule Output Resp. (phi_y)
Run NK Dynare Engine
Console Output Log
New Keynesian Impulse Response Functions (IRFs)
Select source of shock:
Monetary Policy (25 bp)
Cost-Push
Household-Preferences
Select Variable View:
3-Variable Summary Grid (y, pi, i)
Output Gap (y)
Inflation (pi)
Nominal Interest Rate (i)
Real Interest Rate (r)
Cost-push shock
Monetary policy shock
Household preferences shock