Results 51 to 60 of about 37,604 (320)
Financial Inclusion and Monetary Policy in Iran
برنامهریزی و بودجه, 2022 The present study investigated the effectiveness of monetary policy and its consequences for financially included and excluded households using a calibrated new Keynesian dynamic stochastic general equilibrium (DSGE) for Iran.
Alireza Fardhariri +2 more
doaj
Croatian Operational Research Review, 2017 Assumptions on market structure are crucial in formulating dynamic stochastic general equilibrium (DSGE) models. The inclusion of the price stickiness assumption in DSGE models has questioned the money neutrality, which is a characteristic of DSGE models
Ksenija Dumičić +2 more
doaj +1 more source
Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints
Working paper (Federal Reserve Bank of Philadelphia), 2020 We develop an algorithm to construct approximate decision rules that are piecewise-linear and continuous for DSGE models with an occasionally-binding constraint.
Borağan Aruoba +4 more
semanticscholar +1 more source
Optimal Inflation Target: Insights from an Agent-Based Model [PDF]
, 2017 Which level of inflation should Central Banks be targeting? We investigate this issue in the context of a simplified Agent Based Model of the economy. Depending on the value of the parameters that describe the behaviour of agents (in particular inflation
Bouchaud, Jean-Philippe +3 more
core +4 more sources
Forecasting crude oil prices with DSGE models
, 2020 We run an oil prices forecasting competition among a set of structural models, includ- ing vector autoregressions and dynamic stochastic general equilibrium models. Our results highlights two principles. First, forecasts should exploit the mean reversion
Micha l Rubaszek
semanticscholar +1 more source
Método numérico para la calibración de un modelo dsge [PDF]
Desarrollo y Sociedad, 2011 En este artículo se propone un método numérico para la calibración de un modelo de equilibrio general dinámico y estocástico (dsge). Esencialmente, este consiste en utilizar un algoritmo híbrido de optimización, primero para encontrar un estado ...
Pietro Bonaldi +3 more
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Application of the Bayesian New Keynesian DSGE Model to Polish Macroeconomic Data
, 2021 In the paper we estimate a simple New Keynesian Dynamic Stochastic General Equilibrium NK DSGE model on the basis of Polish macro data from the period 2000–2019. The model is specified similarly to Gali (2008) with the use of the Bayesian approach.
J. Sobieraj, D. Metelski
semanticscholar +1 more source
Journal of Economic Dynamics and Control, 2019 This paper analyses the macroeconomic effects of the ECB's quantitative easing programme using an open-economy DSGE model estimated with Bayesian techniques.
Stefan Hohberger +2 more
semanticscholar +1 more source
Optimal Fiscal and Monetary Policy by Applying the Ramsey Problem [PDF]
پژوهشهای اقتصادی, 2018 The aim of this study is to investigate optimal monetary and fiscal policies for the Iranian economy considering Ramsey problem. Using a Dynamic Stochastic General Equilibrium model, the effects of imposing various taxes such as consumption tax, capital
Hussein Marzban +3 more
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Some Notes on Historical, Theoretical, and Empirical Background of DSGE Models
Review of Economic Perspectives, 2014 In this paper I present the historical, theoretical and empirical background of DSGE models. I show that the fundament of these models lies in optimizing agents framework and argue which impulses fueled the development of DSGE models.
Slanicay Martin
doaj +1 more source