Testing policy effectiveness during COVID-19: An NK-DSGE analysis. [PDF]
J Asian Econ, 2023 We examine the effectiveness of fiscal and monetary policy in mitigating the impact of COVID-19 in India using the NK-DSGE framework. In terms of policy effectiveness, our findings imply that expansionary monetary policy is effective in reviving economic
Shah SA, Garg B.
europepmc +2 more sources
The macroeconomic impacts of the COVID-19 pandemic: A SIR-DSGE model approach. [PDF]
China Econ Rev, 2022 This paper proposes a susceptible-infected-removed dynamic stochastic general equilibrium (SIR-DSGE) model to assess the macroeconomic impact of the recent COVID-19 outbreak. The parameters of the SIR setting are calibrated to COVID-19 data from China.
Chan YT.
europepmc +2 more sources
The Macroeconomic Effects of an Interest-Bearing CBDC: A DSGE Model
Mathematics, 2022 We develop a medium size dynamic stochastic general equilibrium (DSGE) model to assess the macroeconomic consequences of introducing an interest-bearing central bank digital currency (CBDC), an electronic alternative of payment with public use properties
Toni Bakhtiar, Ferry Syarifuddin
exaly +2 more sources
The euro area's pandemic recession: A DSGE-based interpretation.
J Econ Dyn Control, 2022 This paper augments the European Commission’s open-economy DSGE model (GM) with COVID-specific shocks (‘forced savings’, labour hoarding) and financially-constrained investors to account for the extreme volatility of private domestic demand and hours ...
Cardani R +5 more
europepmc +2 more sources
Sankey diagrams for macroeconomics: A teaching complement bridging undergraduate and graduate Macro [PDF]
Heliyon, 2022 There is a widespread call in the academy to teach macroeconomics more homogeneously at the graduate and undergraduate levels. Current state-of-the-art research in macroeconomics obliges teachers of graduate courses to focus on dynamic stochastic general
Gonzalo F. de-Córdoba +1 more
doaj +2 more sources
A Comparative Analysis of Effects of Borrowing from Central Bank, Bonds, and Islamic Treasury Bills to Finance Government Budget Deficit on Selected [PDF]
جستارهای اقتصادی, 2022 The Iranian government has traditionally financed its budget deficit through borrowing from the Central Bank. In contrast, many countries rely on bonds as the primary method to finance the budget deficit.
Davoud Rashidi +2 more
doaj +1 more source
Journal of Environmental Management, 2023 This paper aims to provide insights on the design of optimal subsidy policies to enhance energy security amidst energy disruptions triggered by geopolitical conflicts. We introduce a novel Markov switching dynamic stochastic general equilibrium (MS-DSGE)
Ying-Tung Chan, M. T. Punzi, Hong Zhao
semanticscholar +1 more source
Immigrants on the Slovak labour market: who is more resilient to the impacts of COVID-19? [PDF]
Eastern Journal of European Studies, 2022 The substantial ageing impact projected by the Eurostat motivates this research for the case of the Czech Republic. The study assists policymakers by analysing fiscal-policy measures to stabilize ageing impact on the income and the well-being; and ...
Andrej KINER, Radoslav STEFANCIK
doaj +1 more source
تأثیر نااطمینانی در بازارهای مالی بر متغیرهای واقعی اقتصاد کلان با تأکید بر مدل نسل‌های همپوشان (رویکرد DSGE) [PDF]
فصلنامه بورس اوراق بهادار, 2023 هدف این پژوهش بررسی تأثیر نااطمینانی در بازارهای مالی بر متغیرهای واقعی اقتصاد کلان با تأکید بر مدل نسل‌های همپوشان می‌باشد. در این راستا،یک مدل تعادل عمومی پویای تصادفی کینزین جدید(DSGE) شامل خانوارها، بنگاه‌ها، بخش بانکی و دولت برای بررسی تأثیر مسأله ...
عبدالمجید آهنگری +3 more
doaj +1 more source
The Effect of Monetary Policies on Performance of Banks: A Dynamic Stochastic General Equilibrium (DSGE) Approach [PDF]
Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī, 2019 Banking system, as one of the most important parts of macroeconomy, plays a vital role in general economic equilibrium and transition of economic shocks in the society. Because of that, it is of sensitive role in national economy.
Sorayya Rafiee +2 more
doaj +1 more source