Results 111 to 120 of about 25,753 (205)
On the Low Degree of Entropy Implied by the Solutions of Modern Macroeconomic Models. [PDF]
Nymoen R.
europepmc +1 more source
Mikropodstawy prawdziwe i faĆszywe
This article presents an overview and critique of the two leading macroeconomic approaches from the last 70 years: reasoning using high-level aggregates detached from individuals and their choices, and modeling using so-called microfoundations.
Krzysztof Turowski
doaj
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
How good is what you've got? DSGE-VAR as a toolkit for evaluating DSGE models [PDF]
In the constant search for better models to help guide policy decisions, central banks have begun to use and develop dynamic stochastic general equilibrium (DSGE) models.
Frank Schorfheide, Marco Del Negro
core
Testing policy effectiveness during COVID-19: An NK-DSGE analysis. [PDF]
Shah SA, Garg B.
europepmc +1 more source
The New Consensus from a Traditional Keynesian and Post-Keynesian Perspective [PDF]
This paper examines in how far the DSGE model which is often dubbed the New Keynesian Consensus is compatibel with a Post-Keynesian or traditional Keynesian understanding of the economy.
Sebastian Dullien
core
This study conducts a comprehensive review of macroeconomic models within the Water, Energy, Food, and Ecosystem (WEFE) nexus, considering four different approaches: computable general equilibrium (CGE) models, integrated assessment models (IAMs), agent ...
Chiara Castelli +5 more
doaj +1 more source
Policy mix under stress: review of economic reactions to fiscal and monetary policies using DSGE
The paper aims to review the studies with a particular emphasis on the response of selected economies to the central bank's monetary policy and the government's fiscal policy during various economic shocks developed using DSGE models. Countries generally
Joanna Stawska, Paulo Reis Mourao
doaj +1 more source
A DSGE-VAR for the Euro Area [PDF]
This paper uses a modified version of the DSGE model estimated in Smets and Wouters (2003) to generate a prior distribution for a vector autoregression, following the approach in Del Negro and Schorfheide (2003). This DSGE-VAR is fitted to Euro area data
Frank Schorfheide, Marco Del Negro
core
Imperfection Information, Optimal Monetary Policy and Informational Consistency [PDF]
This paper examines the implications of imperfect information (II) for optimal monetary policy with a consistent set of informational assumptions for the modeller and the private sector an assumption we term the informational consistency.
Levine, P., Pearlman, J., Yang, B.
core +1 more source

