Results 11 to 20 of about 19,619 (152)
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 +2 more
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DSGE Model-Based Forecasting [PDF]
SSRN Electronic Journal, 2012 Abstract Dynamic stochastic general equilibrium (DSGE) models use modern macroeconomic theory to explain and predict comovements of aggregate time series over the business cycle and to perform policy analysis. We explain how to use DSGE models for all three purposes – forecasting, story-telling, and policy experiments – and review their forecasting ...
Marco Del Negro, Frank Schorfheide
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Analysis of the Transmission Mechanism of Public Investments: The Case of the DSGE Model [PDF]
Финансовый журнал, 2023 This paper attempts to assess the impact of public investment within the framework of a simple DSGE model calibrated on Russian data. To this end, three versions of the DSGE model were constructed.
Anton I. Votinov +2 more
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Journal of Economic Perspectives, 2018 The outcome of any important macroeconomic policy change is the net effect of forces operating on different parts of the economy. A central challenge facing policymakers is how to assess the relative strength of those forces. Economists have a range of tools that can be used to make such assessments.
Lawrence Christiano +2 more
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Assessing DSGE model nonlinearities [PDF]
Journal of Economic Dynamics and Control, 2013 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
S. Boragan Aruoba +2 more
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Theoritical Seekings in Macroeconomics
İstanbul İktisat Dergisi, 2020 Dynamics stochastics general equilibrium (DSGE) models are dominant until the 2008 global financial crisis. Although some economists have stated that macroeconomics is a mature science, others believe that macroeconomics that is based on DSGE models has ...
Emre Örün
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Applied Economics, 2015 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, Minford, Patrick, Zhou, Peng
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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
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Assessing Brazilian macroeconomic dynamics using a Markov-switching DSGE model
EconomiA, 2016 The goal of this paper is to evaluate the behavior of the main parameters of the Brazilian economy through the estimation of an open-economy dynamic stochastic general equilibrium (DSGE) model using Bayesian methods and allowing for Markov switching of ...
Caio César Soares Gonçalves +2 more
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Predictive Likelihood Comparisons with DSGE and DSGE-VAR Models [PDF]
SSRN Electronic Journal, 2013 This paper shows how to compute the h-step-ahead predictive likelihood for any subset of the observed variables in parametric discrete time series models estimated with Bayesian methods. The subset of variables may vary across forecast horizons and the problem thereby covers marginal and joint predictive likelihoods for a fixed subset as special cases.
Warne, Anders +2 more
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