Foreign Exchange Regimes in (Normal Times and) Times of War: Insights From Ukraine
ABSTRACT On February 24, 2022, as Russia invaded, the National Bank of Ukraine switched from a flexible to a fixed‐exchange rate regime. Was this optimal? We develop a tractable but carefully calibrated open‐economy model of Ukraine with nominal rigidities and frictions in international financial markets.
Oliver de Groot, Yevhenii Skok
wiley +1 more source
Retracted: A DSGE Decision Model for Investigating the LPR Transmission Effect. [PDF]
Intelligence And Neuroscience C.
europepmc +1 more source
O trabalho busca analisar a transmissão dos choques no spread de crédito bancário para as demais variáveis da economia e suas implicações para a condução da política monetária no Brasil. Para isso, foi estimado um modelo DSGE com fricções financeiras.
André Francisco Nunes de Nunes +1 more
doaj +1 more source
Investigating the monetary policy risk channel based on the dynamic stochastic general equilibrium model: Empirical evidence from Iran. [PDF]
Peykani P +3 more
europepmc +1 more source
Trends of Macroeconomic Models
This article provides an overview and analysis of the ideas of the leading macroeconomists expressed in the issue “Rebuilding Macroeconomic Theory”, Oxford Review of Economic Policy journal. These ideas were expressed in connection with the discussion of
M. Yu. Andreyev, A. V. Polbin
doaj +1 more source
Effects of China's low-carbon policy under stochastic shocks-a multi-agent DSGE model analysis. [PDF]
Guo X, Xiao B.
europepmc +1 more source
A Comparative Analysis of the Calibrated DSGE Model and SSA Method Results on the Latvian Economy
This article examines the theoretical foundations of economic forecasting based on DSGE models. DSGE models are the main direction of contemporary macroeconomics theory—the inclusion of the stochastic processes and expectations of economic agents in the ...
Sergejs Hilkevics, Valentina Semakina
doaj +1 more source
On the Low Degree of Entropy Implied by the Solutions of Modern Macroeconomic Models. [PDF]
Nymoen R.
europepmc +1 more source
Can the water resources tax policy effectively stimulate the water saving behavior of social water users? A DSGE model embedded in water resources tax. [PDF]
Wu Z, Tian G, Han X, Li J, Xia Q.
europepmc +1 more source
This paper uses Natural Language Processing (NLP) techniques to discern how central bank communication in an emerging economy gets shaped during normal and crisis periods and across different governors’ tenures.
AteebAkhter Shah SYED +2 more
doaj

