TY - JOUR ID - 50102 TI - Solving Monetary (MIU) models with Linearized Euler Equations: Method of Undetermined Coefficients JO - International Journal of Research in Industrial Engineering JA - RIEJ LA - en SN - 2783-1337 AU - Fakhrehosseini, S.F. AU - kaviani, Meysam AD - Department of Business Management, Tonekabon Branch, Islamic Azad University, Iran AD - Department of Management, Aliabad katoul branch, Islamic Azad University, Iran Y1 - 2017 PY - 2017 VL - 6 IS - 2 SP - 172 EP - 183 KW - DSGE Model KW - Calibration KW - monetary models DO - 10.22105/riej.2017.94115.1005 N2 - This paper attempts to solve a benchmark money in utility model by first order Taylor approximation to the policy function. After a brief summary of recent development in first order Taylor approximation in solving dynamic stochastic general equilibrium models, we choose Sidrauski’s Money in utility model as a standard model and follow the approach proposed by Uhlig [1] to solve for the recursive law of motion at first order. UR - https://www.riejournal.com/article_50102.html L1 - https://www.riejournal.com/article_50102_bf9ec25631c2f41f99defade31d3ffe5.pdf ER -