Results 101 to 110 of about 23,530 (228)
Stochastic Simulation Model for Forecasting Index‐Linked Public Expenditure
Abstract This paper introduces a system dynamics (SD) model for analyzing public sector cost growth, where costs are tied to indices. The SD model isolates the effects of automatic indexation, providing probabilistic projections of expenditure growth. It enables testing of alternative indexation strategies and cost‐reduction measures. Findings show how
Miia Rissanen +2 more
wiley +1 more source
Trends of Macroeconomic Models
This article provides an overview and analysis of the ideas of the leading macroeconomists expressed in the issue “Rebuilding Macroeconomic Theory”, Oxford Review of Economic Policy journal. These ideas were expressed in connection with the discussion of
M. Yu. Andreyev, A. V. Polbin
doaj +1 more source
Crisis propagation in a heterogeneous self-reflexive DSGE model. [PDF]
Morelli F +3 more
europepmc +1 more source
Does Money Matter for the Identification of Monetary Policy Shocks: A DSGE Perspective. [PDF]
This paper investigates how the identification assumptions of monetary policy shocks modify the inference in a standard DSGE model. Considering SVAR models in which either the interest rate is predetermined for money or these two monetary variables are ...
Céline Poilly
core
Information, VARs and DSGE Models [PDF]
How informative is a time series representation of a given vector of observables about the structural shocks and impulse response functions in a DSGE model?
Levine, P. +3 more
core
Foreign Exchange Regimes in (Normal Times and) Times of War: Insights From Ukraine
ABSTRACT On February 24, 2022, as Russia invaded, the National Bank of Ukraine switched from a flexible to a fixed‐exchange rate regime. Was this optimal? We develop a tractable but carefully calibrated open‐economy model of Ukraine with nominal rigidities and frictions in international financial markets.
Oliver de Groot, Yevhenii Skok
wiley +1 more source
EL MULTIPLICADOR MONETARIO EN EL CICLO ECONÓMICO DE LA ARGENTINA
RESUMEN El carácter procíclico de los agregados monetarios es un hecho que ha sido explicado por la presencia del multiplicador monetario de carácter endógeno.
Danilo Rogelio Trupkin +3 more
doaj
The Position of Monetary and fiscal Policies with emphasizing on Oil Sector with DSGE Models (the case of Iran) [PDF]
The purpose of this paper is to examine the impact of crude oil production and price shocks on the monetary, fiscal and macroeconomic variables in the framework of new Keynesian open economy DSGE model for Iran.Accordingly, the paper estimates a DSGE ...
Naser Khiabani, Hossein Amiri
doaj
The macroeconomic impacts of the COVID-19 pandemic: A SIR-DSGE model approach. [PDF]
Chan YT.
europepmc +1 more source
Trend Inflation and the Costs of Price Dispersion in a Fiscal DSGE Model
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

