Results 151 to 160 of about 23,530 (228)
Can a simple DSGE model outperform Professional Forecasters? [PDF]
DSGE models have recently become one of the most frequently used tools in policy analysis. Nevertheless, their forecasting proprieties are still unexplored.
Michal Rubaszek, Pawel Skrzypczynski
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What accounts for the changes in U.S. fiscal policy transmission? [PDF]
Using vector autoregressions on U.S. time series for 1957-1979 and 1983-2004, we find government spending shocks to have stronger effects on output, consumption, and wages in the earlier sample.
Bilbiie, Florin O. +2 more
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Comments on Epidemics in the New Keynesian model by Eichenbaum, Rebelo, and Trabandt". [PDF]
J Econ Dyn Control, 2022 Melosi L.
europepmc +1 more source
The Price Puzzle and Indeterminacy [PDF]
This paper re-examines the empirical evidence on the price puzzle and proposes a new theoretical interpretation. Using structural VARs and two different identification strategies based on zero restrictions and sign restrictions, we find that the positive
Efrem Castelnuovo, Paolo Surico
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Land Finance and fiscal rules: An estimated DSGE model for Hong Kong. [PDF]
PLoS OneZhang W, Liu Z.
europepmc +1 more source
Energy consumption structural adjustment and carbon neutrality in the post-COVID-19 era. [PDF]
Struct Chang Econ Dyn, 2021 Yang C, Hao Y, Irfan M.
europepmc +1 more source
Back to square one: identification issues in DSGE models [PDF]
We investigate identifiability issues in DSGE models and their consequences for parameter estimation and model evaluation when the objective function measures the distance between estimated and model impulse responses.
Fabio Canova, Luca Sala
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Macroeconomic resilience in a DSGE model [PDF]
We use the dynamic stochastic general equilibrium (DSGE) model of Altig et al. (2005) to analyse the resilience of an economy in the face of external shocks. The term resilience refers to the ability of an economy to prosper in the face of shocks.
Adam Elbourne +3 more
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Immunity in the ABM-DSGE Framework for Preventing and Controlling Epidemics-Validation of Results. [PDF]
Entropy (Basel), 2022 Kaszowska-Mojsa J +2 more
europepmc +1 more source
The bond premium in a DSGE model with long-run real and nominal risks [PDF]
The term premium on nominal long-term bonds in the standard dynamic stochastic general equilibrium (DSGE) model used in macroeconomics is far too small and stable relative to empirical measures obtained from the data - an example of the "bond premium ...
Eric T. Swanson, Glenn D. Rudebusch
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