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英文文献：Explaining Macroeconomic and Term Structure Dynamics Jointly in a Non-linear DSGE Model-在非线性DSGE模型中共同解释宏观经济和期限结构动态
英文文献作者：Martin M?ller Andreasen
英文文献摘要：
This paper shows how a standard DSGE model can be extended to reproduce the dynamics in the 10 year yield curve for the post-war US economy with a similar degree of precision as in reduced form term structure models. At the same time, we are able to reproduce the dynamics of four key macro variables almost perfectly. Our extension of a standard DSGE model is to introduce three non-stationary shocks which allow us to explain interest rates with medium and long maturities without distorting the dynamics of the macroeconomy.
本文展示了一个标准的DSGE模型是如何被扩展到再现战后美国经济的10年收益率曲线的动态，其精确度与简化形式的期限结构模型相似。与此同时，我们能够几乎完美地再现四个关键宏观变量的动态。我们对标准DSGE模型的扩展是引入三种非平稳冲击，使我们能够在不扭曲宏观经济动态的情况下解释中长期利率。
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