Making a match: Combining theory and evidence in policy-oriented macroeconomic modeling

Time to Build and Aggregate Fluctuations

Finn E. Kydland, Edward C. Prescott · Econometrica · 1982 · 5.8K citations

Productivity, Dynamic Economic Model, Economics +15

An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area

Frank Smets, Raf Wouters · Journal of the European Economic Association · 2003 · 3.5K citations

Belgium Search, Dynamic Economic Model, Economics +15

Sticky Prices in the United States

Julio J. Rotemberg · Journal of Political Economy · 1982 · 1.9K citations

Sticky Prices, Market Equilibrium, United States +16

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

Lawrence J. Christiano, Martin Eichenbaum, Charles L. Evans · SSRN Electronic Journal · 2001 · 1.5K citations · Full text

Monopolistic Competition and the Effects of Aggregate Demand

Olivier Blanchard, Nobuhiro Kiyotaki · American Economic Review · 1987 · 1.5K citations