Macroeconomist Gregor Boehl Introduction Research Publications Working Papers Current Projects Policy and Other CV Code Useful Stuff Contact Introduction I am a Postdoc at the Institute for Macroeconomics and Econometrics of the University of Bonn. Currently, I am directly funded by the German Reserach Foundation (I am the principal investigator of DFG Project 441540692). My research focusses on Dynamic Macroeconomics , Monetary Theory , and Inequality with emphasis on structural empirical analysis and hete
We provide evidence that the Federal Reserve's large-scale asset purchases actually reduce inflation. Using nonlinear Bayesian methods that fully account for the binding zero lower bound (ZLB), we estimate a macro-finance DSGE model. Counterfactual analysis suggests that by easing financing conditions, quantitative easing facilitated an increase in aggregate investment. The resulting expansion of firms’ production capacities lowered their marginal costs. These disinflationary supply side effects dominated o
I study monetary policy in an estimated financial New-Keynesian model extended by behavioral expectation formation in the asset market. Credit frictions create a feedback between asset markets and the macroeconomy, and behaviorally motivated speculation can amplify fundamental swings in asset prices, that potentially cause endogenous, nonfundamental bubbles and bursts. Booms in asset prices improve firms financing conditions and are therefore deflationary. These features significantly improve the power of t
Gavin Goy
Overview: Econpizza — econpizza
Macro Puzzles — Macro Puzzles documentation
EconSieve - Transposed-Ensemble Kalman Filter (TEnKF) and Nonlinear Path-Adjusting Smoother (NPAS) — econsieve documentation
pydsge — pydsge