Results 81 to 90 of about 843 (186)
Some aspects of construction and use of dynamic stochastic general equilibrium (DSGE) models
Вестник Пермского университета: Серия Экономика, 2016 The article deals with practical aspects of constructing dynamic stochastic general equilibrium models (DSGE). A basic model of the real business cycle theory (RBC) is considered.
Dmitriy Nikolaevich Shults +1 more
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Trend Inflation and the Costs of Price Dispersion in a Fiscal DSGE Model
South African Journal of Economics, Volume 94, Issue 3, September 2026.ABSTRACT Most inflation‐targeting frameworks allow for a positive trend inflation rate, yet its optimal level remains uncertain. The extended deliberation in South Africa to move from a 3%–6% target band to a 3% target (with a 1% tolerance band) illustrates this tension.
Clinton Joel, Hylton Hollander
wiley +1 more source
Data revisions and DSGE models [PDF]
Journal of Econometrics, 2014 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Monetary–Fiscal Coordination in South Africa: Aligning the Stars
South African Journal of Economics, Volume 94, Issue 3, September 2026.ABSTRACT Monetary–fiscal policy tensions build‐up when debt is rising and inflation is falling. We introduce the concept of a fiscal‐neutral rate (fiscal r‐star) into a two‐agent new Keynesian dynamic stochastic general equilibrium model estimated with South African data.
Roy Havemann, Hylton Hollander
wiley +1 more source
Using DSGE and Machine Learning to Forecast Public Debt for France
Journal of Forecasting, Volume 45, Issue 5, Page 2173-2185, August 2026.ABSTRACT Forecasting public debt is essential for effective policymaking and economic stability, yet traditional approaches face challenges due to data scarcity. While machine learning (ML) has demonstrated success in financial forecasting, its application to macroeconomic forecasting remains underexplored, hindered by short historical time series and ...
Emmanouil Sofianos +4 more
wiley +1 more source
DSGE Model Forecasting: Rational Expectations Versus Adaptive Learning
Journal of Forecasting, Volume 45, Issue 5, Page 2565-2586, August 2026.ABSTRACT This paper compares within‐sample and out‐of‐sample fit of a DSGE model with rational expectations to a model with adaptive learning. The Galí, Smets, and Wouters model is the chosen laboratory using quarterly real‐time euro area data vintages, covering 2001Q1–2019Q4.
Anders Warne
wiley +1 more source
Monetary and Macroprudential Policy and Welfare in an Estimated Four‐Agent New Keynesian Model
Journal of Money, Credit and Banking, Volume 58, Issue 5, Page 1411-1452, August 2026.Abstract We examine the social and agent‐specific welfare effects of monetary and macroprudential policy in a four‐agent estimated macro‐economic model comprising “banked simple households,” “underbanked simple households,” “firm owners,” and “bank owners.” Optimal capital requirement and loan loss provisions ratios improve all agent‐specific and ...
GEORGE J. BRATSIOTIS, KASUN D. PATHIRAGE
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Information Content of DSGE Forecasts [PDF]
SSRN Electronic Journal, 2018 AbstractThis paper examines the question whether information is contained in forecasts from dynamic stochastic general equilibrium (DSGE) models beyond that contained in lagged values, which are extensively used in the models. Four sets of forecasts are examined. The results are encouraging for DSGE forecasts of real GDP. The results suggest that there
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INTERNALISASI SEKTOR PERBANKAN DALAM MODEL DSGE
Buletin Ekonomi Moneter dan Perbankan, 2014 We build DSGE model for small open economy with financial friction in the form of collateral constrain on banking sector, designed for Indonesian economy.
Harmanta Harmanta +2 more
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A Markov-Switching DSGE model for measuring the output gap in Brazil
Latin American Journal of Central BankingThe output gap, while inherently unobservable, plays a pivotal role in informing policymakers due to its significant implications for forecasting inflation rates and understanding the mechanisms of monetary policy transmission.
Eleonora de Oliveira +2 more
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