Investigating the monetary policy risk channel based on the dynamic stochastic general equilibrium model: Empirical evidence from Iran. [PDF]
PLoS One, 2023 Peykani P +3 more
europepmc +1 more source
To Freeze or Not to Freeze? Epidemic Prevention and Control in the DSGE Model Using an Agent-Based Epidemic Component. [PDF]
Entropy (Basel), 2020 Kaszowska-Mojsa J, Włodarczyk P.
europepmc +1 more source
GDP at risk in a DSGE model: an application to banking sector stress testing [PDF]
We suggest a complementary tool for financial stability analysis based on stochastic simulation of a dynamic stochastic general equilibrium model (DSGE) of the macro economy. The paper relates to financial stability research in which financial aggregates
Jokivuolle, Esa +2 more
core
Forecast Combination Based on Multiple Encompassing Tests in a Macroeconomic DSGE System [PDF]
We use data generated by a macroeconomic DSGE model to study the relative benefits of forecast combinations based on forecast-encompassing tests relative to simple uniformly weighted forecast averages across rival models.
Gunter, Ulrich +2 more
core
On the Low Degree of Entropy Implied by the Solutions of Modern Macroeconomic Models. [PDF]
Entropy (Basel), 2022 Nymoen R.
europepmc +1 more source
Issues in Adopting DSGE Models for Use in the Policy Process [PDF]
Our discussion is structured by three concerns - model design, matching the data and operational requirements. The paper begins with a general discussion of the structure of dynamic stochastic general equilibrium (DSGE) models where we investigate issues
Martin Fukac, Adrian Pagan
core
SAGE OpenExternal shocks have profound impacts on urban industrial sectors, influencing the resilience of urban economic networks. While traditional complex network approaches provide insights into industrial linkages, they often fall short of capturing the ...
Liyuan Zhang +4 more
doaj +1 more source
, 2014 We use available methods for testing macro models to evaluate a model of China over the period from Deng Xiaoping's reforms up until the crisis period. Bayesian ranking methods are heavily influenced by controversial priors on the degree of price/wage rigidity.
Dai, Li +3 more
openaire
A Detailed Derivation of the Sticky Price and Sticky Information New Keynesian DSGE Model [PDF]
This paper aims at providing macroeconomists with a detailed exposition of the New Keynesian DSGE model. Both the sticky price version and the sticky information variant are derived mathematically.
Lena Vogel, Jan-Oliver Menz
core
Monetary Policy Forecasting in a DSGE Model with Data that is Uncertain, Unbalanced and About the Future [PDF]
If theory-consistent models can ever hope to forecast well and to be useful for policy, they have to relate to data which though rich in information is uncertain, unbalanced and sometimes forecasts from external sources about the future path of other ...
Andrés González Gómez +3 more
core