Results 1 to 10 of about 296 (50)

Production Structure and Multiple Equilibria - A DSGE Perspective [PDF]

SHS Web of Conferences, 2023
This paper integrates the Austrian school’s production structure theory and financial market theory, considers the impact of heterogeneity of firms’ production cycles on economic fluctuations, constructs a DSGE model that incorporates production ...
Hu Quan, Wang Siwei
doaj   +1 more source

The impact of monetization on the Tunisian economy using a simple DSGE model [PDF]

MSA-Management Sciences Journal, 2023
The presence of money in the economy is mostly considered obvious. This chapter investigates the effect of monetization on the Tunisian economy with a Dynamic Stochastic General Equilibrium (DSGE) model.
Sarra Ben Chaabane, Haykel Hadj Salem
doaj   +1 more source

The dynamics of the beta coefficient of stock prediction in the framework of structural macroeconomic models [PDF]

تصمیم گیری و تحقیق در عملیات, 2019
The present research is aimed at predicting the beta coefficient (systematic risk) prediction dynamics within the framework of two macroeconomic structural models, the model in the context of dynamic stochastic general equilibrium (DSGE) and Panel Vector
Meisam Kaviani
doaj   +1 more source

Estimating Structural Shocks with the GVAR-DSGE Model: Pre- and Post-Pandemic

Mathematics, 2022
This paper investigates the possibility of using the global VAR (GVAR) model to estimate a simple New Keynesian DSGE-type multi-country model. The long-run forecasts from an estimated GVAR model were used to calculate the steady-states of macro variables
Chunyeung Kwok
doaj   +1 more source

Some notes on problematic issues in DSGE models [PDF]

Ekonomski Anali, 2016
We review some of the problematic issues in DSGE models, which are currently much discussed in the economics profession. All of these issues are concerned with the DSGE models’ (in)ability to match aspects of macroeconomic variables’ observed ...
Slanicay Martin, Čapek Jan, Hloušek Miroslav   +2 more
doaj   +1 more source

Fiscal Policy Multipliers in Small States

Economía, 2021
This paper estimates fiscal policy multipliers for small states using two distinct models: an empirical forecast error model with data from twenty-three small states across the world, and a dynamic stochastic general equilibrium (DSGE) model calibrated ...
Alia Lichi, Ippei Shibata, Kadir Tanyeri
doaj   +1 more source

Model Validation and DSGE Modeling

Econometrics, 2022
The primary objective of this paper is to revisit DSGE models with a view to bringing out their key weaknesses, including statistical misspecification, non-identification of deep parameters, substantive inadequacy, weak forecasting performance, and ...
Niraj Poudyal, Aris Spanos
doaj   +1 more source

Fiscal DSGE model for Latvia

Baltic Journal of Economics, 2023
We develop a fiscal dynamic stochastic general equilibrium (DSGE) model for policy simulation and scenario analysis purposes tailored to Latvia, a small open economy in a monetary union.
Ginters Bušs, Patrick Grüning
doaj   +1 more source

Macroeconomic Effects of Maritime Transport Costs Shocks: Evidence from the South Korean Economy

Mathematics, 2023
In the aftermath of the COVID-19 pandemic, the dramatic increase in maritime transport costs might potentially exert detrimental impacts on the macroeconomy, especially for countries that heavily rely on international trade for their consumption and ...
Xingong Ding, Yong-Jae Choi
doaj   +1 more source

Macroprudential Policy in a Heterogeneous Environment—An Application of Agent-Based Approach in Systemic Risk Modelling

Entropy, 2020
Assessment of welfare effects of macroprudential policy seems the most important application of the Dynamic Stochastic General Equilibrium (DSGE) framework of macro-modelling.
Jagoda Kaszowska-Mojsa, Mateusz Pipień
doaj   +1 more source