Zobrazeno 1 - 10
of 24
pro vyhledávání: '"Woong Yong Park"'
Publikováno v:
Working Papers Series (Federal Reserve Bank of Kansas City); 7/15/2024, Issue 24-06, preceding p1-39, 54p
Publikováno v:
American Economic Journal: Macroeconomics. 13:216-256
We develop a multi-sector sticky-price DSGE (dynamic stochastic general equilibrium) model that can endogenously deliver differential responses of prices to aggregate and sectoral shocks. Input-output production linkages induce across-sector pricing
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b5ccd473738cc13b71d195a96c5f53d5
https://doi.org/10.1257/mac.20190205
https://doi.org/10.1257/mac.20190205
Publikováno v:
Journal of Economic Theory & Econometrics; Mar2023, Vol. 34 Issue 1, p84-117, 34p
Publikováno v:
Working Papers: U.S. Federal Reserve Board's Finance & Economic Discussion Series; May2022, p1-69, 69p
Autor:
Woong Yong Park, Jae-Young Kim
Publikováno v:
SSRN Electronic Journal.
This research studies the impact of uncertainty generated by the US monetary policy in the post-quantitative easing period, particularly regarding the timing and pace of policy rate normalization by the Federal Reserve. We are specifically interested
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7ccf60feb2d3de0e39c8e76a37d88f5d
https://doi.org/10.2139/ssrn.3974260
https://doi.org/10.2139/ssrn.3974260
Publikováno v:
Federal Reserve Bank of Dallas, Globalization Institute Working Papers. 2020
We study aggregate, distributional, and welfare effects of a permanent reduction in the capital tax rate in a quantitative model with capital-skill complementarity and household heterogeneity. Such a tax reform leads to expansionary long-run aggregat
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::49b0c725f0d6269db216a7598d74849a
https://doi.org/10.24149/gwp391
https://doi.org/10.24149/gwp391
Autor:
Woong Yong Park, Jae Won Lee
Publikováno v:
Economics Letters. 199:109704
We propose a simple system reduction method to efficiently evaluate the likelihood of a linear dynamic stochastic general equilibrium (DSGE) model solved by the solution method of Sims (2002) or gensys . Since Sims (2002) decouples the stable and uns
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::bcf1083ec8b6b7014bb9646b3cff4bf6
https://doi.org/10.1016/j.econlet.2020.109704
https://doi.org/10.1016/j.econlet.2020.109704
Autor:
Woong Yong Park
Publikováno v:
EAER International Conference Proceedings.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d7d1aad51eda71c453e8a54f4c6f132e
https://doi.org/10.11644/kiep.eaer.conf.2018.38
https://doi.org/10.11644/kiep.eaer.conf.2018.38
Autor:
Woong Yong Park
Publikováno v:
EAER International Conference Proceedings.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4de711afc863dc8aaa097deca6b1445a
https://doi.org/10.11644/kiep.eaer.conf.2016.10
https://doi.org/10.11644/kiep.eaer.conf.2016.10
Publikováno v:
SSRN Electronic Journal.
We study international spillover effects of US monetary policy. We use monthly panel data from fifteen major emerging market economies (EMEs), in a period where the countries have a flexible exchange rate regime and are integrated into global financi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::45af4f5267d8aa3400249304dcff97a1
https://doi.org/10.2139/ssrn.3011843
https://doi.org/10.2139/ssrn.3011843