New-Keynesian Model

Interest rate policy, dynamized Phillips curve, Steering of real interest rate, output, and inflation

Key interest rate (%)

Interest markup (ppt.)

Inflation expect. / Shock (%)

Target inflation Ceba (%)

Phillips curve: Sensitivity

Loss fct.: Sensitivity

Full employment output

Autonomous consumption

Marginal propensity to consume

I-Fct: I at i=0

I-Fct: Slope (absolute)

Government expenditures

Taxes

Nominal interest (%)

Real interest (%)

Inflation, actual (%)

Necess. Key interest,
Target: Y(FE) (%)

Necess. Key interest,
Target: π (T) (%)

Loss function (x10.000)

Output gap (%)

Output, actual

Investment