Trends of Macroeconomic Models
Управленческое консультирование, 2019 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
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The macroeconomic impacts of the COVID-19 pandemic: A SIR-DSGE model approach. [PDF]
China Econ Rev, 2022 Chan YT.
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What Explains International Interest Rate Co‐Movement?
Journal of Applied Econometrics, Volume 41, Issue 4, Page 343-359, June/July 2026.ABSTRACT The international co‐movement of interest rates reflects correlated business‐cycle fluctuations, largely driven by demand shocks. Monetary policy in advanced economies follows domestic mandates—inflation and the output gap—and does not respond to foreign policy shocks.
Annika Camehl, Gregor von Schweinitz
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Estimation and evaluation of DSGE models: progress and challenges [PDF]
Estimated dynamic stochastic equilibrium (DSGE) models are now widely used for empirical research in macroeconomics as well as for quantitative policy analysis and forecasting at central banks around the world.
Frank Schorfheide
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The Position of Monetary and fiscal Policies with emphasizing on Oil Sector with DSGE Models (the case of Iran) [PDF]
Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī, 2014 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
Can the water resources tax policy effectively stimulate the water saving behavior of social water users? A DSGE model embedded in water resources tax. [PDF]
PLoS One, 2023 Wu Z, Tian G, Han X, Li J, Xia Q.
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Can Central Bank Digital Currencies Promote the Internationalization of Currencies?
European Financial Management, Volume 32, Issue 3, Page 994-1004, June 2026.ABSTRACT Using multinational data (2000–2023), this study employed system GMM and fixed‐effects models to examine CBDC's impact on currency internationalization through a framework measuring ‘market acceptance’ and ‘policy drive.’ The results indicated that CBDC advancement significantly promotes currency internationalization.
Haodong Gu
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Bank credit and money creation in a DSGE model of a small open economy
Baltic Journal of Economics, 2019 By the act of lending banks do not actually intermediate pre-accumulated real resources but rather create new financial resources in the form of deposits. Therefore, bank credit needs to be modelled as a monetary phenomenon, which directly fuels domestic
Jaunius Karmelavičius +1 more
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Stochastic Simulation Model for Forecasting Index‐Linked Public Expenditure
Public Budgeting &Finance, Volume 46, Issue 2, Page 47-67, Summer 2026.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
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A Bayesian DSGE Model with Infinite-Horizon Learning: Do "Mechanical" Sources of Persistence Become Superfluous? [PDF]
This paper estimates a monetary DSGE model with learning introduced from the primitive assumptions. The model nests infinite-horizon learning and features, such as habit formation in consumption and inflation indexation, that are essential for the model ...
Fabio Milani
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