Results 41 to 50 of about 19,619 (152)

Data revisions and DSGE models [PDF]

Journal of Econometrics, 2014
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +2 more sources

A Predictive Likelihood Approach to Bayesian Averaging

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2015
Multivariate time series forecasting is applied in a wide range of economic activities related to regional competitiveness and is the basis of almost all macroeconomic analysis.
Tomáš Jeřábek, Radka Šperková
doaj   +1 more source

A Comparative Analysis of the Calibrated DSGE Model and SSA Method Results on the Latvian Economy

Economies
This article examines the theoretical foundations of economic forecasting based on DSGE models. DSGE models are the main direction of contemporary macroeconomics theory—the inclusion of the stochastic processes and expectations of economic agents in the ...
Sergejs Hilkevics, Valentina Semakina
doaj   +1 more source

The empirical evaluation of monetary policy shock in dynamic stochastic general equilibrium model with financial frictions

International Journal of Engineering Business Management, 2018
Large body of empirical literature points to the tight integration of financial and credit markets with real economic activity as well as the need for inclusion of financial frictions into macroeconomic modelling.
Irena Palić
doaj   +1 more source

Data cloning: Maximum likelihood estimation of DSGE models

Results in Applied Mathematics, 2020
We present evidence supporting the use of the data cloning method for maximum likelihood estimation of Dynamic Stochastic General Equilibrium models.
Luiz Gustavo C. Furlani, Márcio P. Laurini, Marcelo S. Portugal   +2 more
doaj   +1 more source

Exploring macroeconomic models in the water, energy, food, and ecosystem (WEFE) field: a comprehensive review

Environmental Research Letters
This study conducts a comprehensive review of macroeconomic models within the Water, Energy, Food, and Ecosystem (WEFE) nexus, considering four different approaches: computable general equilibrium (CGE) models, integrated assessment models (IAMs), agent ...
Chiara Castelli, Marta Castellini, Camilla Gusperti, Ilenia Gaia Romani, Emanuele Ciola, Sergio Vergalli   +5 more
doaj   +1 more source

DSGE Models in a Data-Rich Environment. [PDF]

Standard practice for the estimation of dynamic stochastic general equilibrium (DSGE) models maintains the assumption that economic variables are properly measured by a single indicator, and that all relevant information for the estimation is summarized ...
Boivin, J., Giannoni, M.
core   +6 more sources

On the fit and forecasting performance of New-Keynesian models [PDF]

The paper provides new tools for the evaluation of DSGE models, and applies it to a large-scale New Keynesian dynamic stochastic general equilibrium (DSGE) model with price and wage stickiness and capital accumulation.
Del Negro, Marco, Schorfheide, Frank, Smets, Frank, Wouters, Raf   +3 more
core   +3 more sources

Financial Frictions and Macroeconomy During Financial Crises: A Bayesian DSGE Assessment

American Business Review, 2021
The recent global financial crisis and the Eurozone sovereign default have rekindled the debate on the interactions between the real sector and the financial sphere.
Eric Martial Etoundi Atenga , Maman Hassan Abdo, Mbodja Mougoué   +2 more
doaj   +1 more source

Solving and estimating indeterminate DSGE models [PDF]

Journal of Economic Dynamics and Control, 2015
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Roger E.A. Farmer, Vadim Khramov, Giovanni Nicolò   +2 more
openaire   +3 more sources