Econometric Models
Solving Monetary (MIU) models with Linearized Euler Equations: Method of Undetermined Coefficients

S.F. Fakhrehosseini; Meysam kaviani

Volume 6, Issue 2 , June 2017, , Pages 172-183

  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 ...  Read More