“...We study whether it is better to enforce the zero lower bound (ZLB) in models of U.S. Treasury yields using a shadow rate model or a quadratic term structure...”

“...This paper introduces a quasi maximum likelihood approach based on the central difference Kaiman filter to estimate non-linear dynamic stochastic general...”

“...This paper develops a DSGE model which is shown to explain variation in the nominal and real term structure as well as inflation surveys and four...”

“...This paper extends two optimization routines to deal with objective functions for DSGE models. The optimization routines are (1) a version of Simulated...”

“...Nearly all studies that analyze the term structure of interest rates take a two-step approach. First, actual bond prices are summarized by interpolated...”

“...This paper develops an RBC model where banks use short-term deposits to provide firms with long-term credit. The demand for long-term credit arises because...”

“...The Baltic Sea and Kattegat are connected via three straits: Storebælt, Lillebælt and Øresund (Fig. 1). Øresund is the shallowest with a threshold around 7 m...”

“...This paper develops an RBC model where banks use short-term deposits to provide firms with long-term credit. The demand for long-term credit arises because...”