Results 91 to 100 of about 29,308 (254)
A Markov-Switching DSGE model for measuring the output gap in Brazil
Latin American Journal of Central BankingThe output gap, while inherently unobservable, plays a pivotal role in informing policymakers due to its significant implications for forecasting inflation rates and understanding the mechanisms of monetary policy transmission.
Eleonora de Oliveira +2 more
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(WP 2016-02) The Limits of Central Bank Forward Guidance under Learning [PDF]
, 2016 Central bank forward guidance emerged as a pertinent tool for monetary policymakers since the Great Recession. Nevertheless, the effects of forward guidance remain unclear.
Cole, Stephen J.
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Estimation of quasi-rational DSGE monetary models [PDF]
This paper proposes the estimation of small-scale dynamic stochastic general equilibrium (DSGE) monetary models under the quasi-rational expectations (QRE) hypothesis.
Luca Fanelli
core
INTERNALISASI SEKTOR PERBANKAN DALAM MODEL DSGE
Buletin Ekonomi Moneter dan Perbankan, 2014 We build DSGE model for small open economy with financial friction in the form of collateral constrain on banking sector, designed for Indonesian economy.
Harmanta Harmanta +2 more
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Monetary policy analysis with potentially misspecified models [PDF]
The paper proposes a novel method for conducting policy analysis with potentially misspecified dynamic stochastic general equilibrium (DSGE) models and applies it to a New Keynesian DSGE model along the lines of Christiano, Eichenbaum, and Evans (JPE ...
Frank Schorfheide, Marco Del Negro
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A new comparative approach to macroeconomic modeling and policy analysis [PDF]
, 2012 In the aftermath of the global financial crisis, the state of macroeconomic modeling and the use of macroeconomic models in policy analysis has come under heavy criticism.
Cwik, Tobias J. +4 more
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Confronting Model Misspecification in Macroeconomics [PDF]
We estimate a Markov-switching mixture of two familiar macroeconomic models: a richly parameterized DSGE model and a corresponding BVAR model. We show that the Markov-switching mixture model dominates both individual models and improves the fit ...
Daniel F. Waggoner, Tao Zha
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The new keynesian approach to dynamic general equilibrium modeling: models, methods, and macroeconomic policy evaluation [PDF]
, 2012 This chapter aims to provide a hands-on approach to New Keynesian models and their uses for macroeconomic policy analysis. It starts by reviewing the origins of the New Keynesian approach, the key model ingredients and representative models.
Schmidt, Sebastian, Wieland, Volker
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Time dilation of a bound half-fluxon pair in a long Josephson junction with a ferromagnetic insulator [PDF]
, 2007 The fluxon dynamics in a long Josephson junction with a ferromagnetic insulating layer is investigated. It is found that the Josephson phase obeys a double sine-Gordon equation involving a bound pi fluxon solution, and the internal oscillations of the ...
Fujii, Toshiyuki +3 more
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Evaluating quantitative easing: a DSGE approach [PDF]
International Journal of Monetary Economics and Finance, 2014 This paper develops a simple Dynamic Stochastic General Equilibrium (DSGE) model capable of evaluating the effect of large purchases of treasuries by central banks. The model exhibits imperfect asset substitutability between government bonds of different maturities and a feedback from the term structure to the macroeconomy.
openaire +3 more sources