Sankey diagrams for macroeconomics: A teaching complement bridging undergraduate and graduate Macro [PDF]
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
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A Comparative Analysis of Effects of Borrowing from Central Bank, Bonds, and Islamic Treasury Bills to Finance Government Budget Deficit on Selected [PDF]
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
Immigrants on the Slovak labour market: who is more resilient to the impacts of COVID-19? [PDF]
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
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تأثیر نااطمینانی در بازارهای مالی بر متغیرهای واقعی اقتصاد کلان با تأکید بر مدل نسلهای همپوشان (رویکرد DSGE) [PDF]
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
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The Impact of Taxing the Interest on Savings on the Economic Variables in Iran: A DSGE Approach [PDF]
Introduction: Reducing dependence on oil revenues and financing government expenditures from tax revenues have always been emphasized in the country's development plans. Increasing the role of taxes in financing the government budget, as a stable source,
Paria Nejadaghaeianvash +3 more
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Beyond the DSGE Straitjacket [PDF]
Academic macroeconomics and the research department of central banks have come to be dominated by Dynamic, Stochastic, General Equilibrium (DSGE) models based on micro-foundations of optimising representative agents with rational expectations. We argue that the dominance of this particular sort of DSGE and the resistance of some in the profession to ...
Pesaran, Hashem, Smith, Ron P.
openaire +6 more sources
The Effect of Monetary Policies on Performance of Banks: A Dynamic Stochastic General Equilibrium (DSGE) Approach [PDF]
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
Analyzing the effects of conventional and non-conventional monetary policies on economic growth in uncertain conditions using stochastic general equilibrium (DSGE) method. [PDF]
The relationship between financial and monetary policies and economic growth is a well-known topic in economic literature. Conventional policies refer to the set of policies implemented by the World Bank and the International Monetary Fund as custodians ...
Elham Banisaeid +2 more
doaj +1 more source
The Role of Macroeconomic Policies in the Financial Stability of Iran’s Economy [PDF]
The aim of this study is to investigate the role of macroeconomic policies in the financial stability of Iran’s economy. Based on Dynamic Stochastic General Equilibrium models, a model capable of tracing interactions between the real and the financial ...
Mehdi Hadian, Hassan Dargahi
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Predictive Likelihood Comparisons with DSGE and DSGE-VAR Models [PDF]
This paper shows how to compute the h-step-ahead predictive likelihood for any subset of the observed variables in parametric discrete time series models estimated with Bayesian methods. The subset of variables may vary across forecast horizons and the problem thereby covers marginal and joint predictive likelihoods for a fixed subset as special cases.
Warne, Anders +2 more
openaire +3 more sources

