Results 281 to 290 of about 37,604 (320)
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2015
This chapter discusses how dynamic stochastic general equilibrium (DSGE) models are now widely used by academics to conduct empirical research macroeconomics, as well as by central banks to interpret the current state of the economy, to analyze the impact of changes in monetary or fiscal policy, and to generate predictions for key macroeconomic ...
Edward P. Herbst, Frank Schorfheide
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This chapter discusses how dynamic stochastic general equilibrium (DSGE) models are now widely used by academics to conduct empirical research macroeconomics, as well as by central banks to interpret the current state of the economy, to analyze the impact of changes in monetary or fiscal policy, and to generate predictions for key macroeconomic ...
Edward P. Herbst, Frank Schorfheide
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African Development Review
This study explores the impact of oil shocks on the Moroccan economy using a dynamic stochastic general equilibrium (DSGE) model. The DSGE simulations reveal that these shocks, exacerbated by the war in Ukraine, led to a contraction in the output gap ...
Abdelhamid Moustabchir +3 more
semanticscholar +1 more source
This study explores the impact of oil shocks on the Moroccan economy using a dynamic stochastic general equilibrium (DSGE) model. The DSGE simulations reveal that these shocks, exacerbated by the war in Ukraine, led to a contraction in the output gap ...
Abdelhamid Moustabchir +3 more
semanticscholar +1 more source
The Chicago Fed DSGE Model [PDF]
SSRN Electronic Journal, 2012 The Chicago Fed dynamic stochastic general equilibrium (DSGE) model is used for policy analysis and forecasting at the Federal Reserve Bank of Chicago. This article describes its specification and estimation, its dynamic characteristics and how it is used to forecast the US economy.
Scott Brave +3 more
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Assessing DSGE model nonlinearities [PDF]
Journal of Economic Dynamics and Control, 2013 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
S. Boragan Aruoba +2 more
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The Standard Narrative about DSGE Models in Central Banks’ Technical Reports
, 2020Historians of macroeconomics, through the analysis of articles in peer-review journals, pointed out macroeconomists’ propensity to elaborate narratives about the history of their discipline.
F. Sergi
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, 2020
The purpose of this study is to build an energy-emissions-economy dynamic stochastic general equilibrium model to examine the economic and environmental effects of the carbon tax and carbon intensity target.
Jiekuan Zhang, Yan Zhang
semanticscholar +1 more source
The purpose of this study is to build an energy-emissions-economy dynamic stochastic general equilibrium model to examine the economic and environmental effects of the carbon tax and carbon intensity target.
Jiekuan Zhang, Yan Zhang
semanticscholar +1 more source
LSM: A DSGE model for Luxembourg
Economic Modelling, 2011Luxembourg is a small open economy with a set of particular features, including rather limited competition in the domestic goods market, strong union power, and a segmented labour market for resident and non-resident workers. In this paper we develop a medium scale DSGE model that captures these features, calibrate it to mimic the actual behaviour of ...
Szabolcs Deák +3 more
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Tax Evasion, Investment Shocks, and the Consumption Puzzle: A DSGE Analysis with Financial Frictions
Journal of Money, Credit and Banking, 2020Recent studies identify Marginal Efficiency of Investment (MEI) shocks as important drivers of the business cycle. However, Dynamic Stochastic General Equilibrium (DSGE) models struggle to explain macroeconomic comovements between consumption and the key
B. Chiarini, M. Ferrara, E. Marzano
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Aggregation problem in DSGE model
2015 International Conference on Behavioral, Economic and Socio-cultural Computing (BESC), 2015The aim of this paper is investigating the estimation bias of the standard New Keynesian DSGE econometric procedure in an environment comprising heterogeneous and interactive agents. In this case, the standard New Keynesian DSGE econometric procedures may generate spurious evidence in aggregate equations.
Lian-Sheng Yang +3 more
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VARMA Representation of DSGE Models
SSRN Electronic Journal, 2015zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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