Results 71 to 80 of about 486 (183)

Public investment multipliers revisited: the role of production complementarities

Economica, Volume 93, Issue 370, Page 736-756, April 2026.
Abstract This paper revisits the issue of the public investment multiplier through the lens of complementarity or substitutability between private inputs and public infrastructure capital. Our main result is that public investment multipliers are much larger than in the literature when private inputs and public capital are good complements relative to ...
Vasiliki Dimakopoulou, George Economides, Apostolis Philippopoulos   +2 more
wiley   +1 more source

A Markov-Switching DSGE model for measuring the output gap in Brazil

Latin American Journal of Central Banking
The output gap, while inherently unobservable, plays a pivotal role in informing policymakers due to its significant implications for forecasting inflation rates and understanding the mechanisms of monetary policy transmission.
Eleonora de Oliveira, Andreza A. Palma, Marcelo S. Portugal   +2 more
doaj   +1 more source

A Literature Review of Securities Holdings Statistics Research and A Practitioner's Guide

Journal of Economic Surveys, Volume 40, Issue 2, Page 632-658, April 2026.
ABSTRACT Granular holdings data containing security‐by‐security portfolio investments features prominently in economics and finance research. One novel source is the granular Securities Holdings Statistics (SHS), managed by the European Central Bank. SHS covers different euro area investors with over 2 billion observations, representing +50 trillion ...
Martijn Boermans
wiley   +1 more source

A DSGE Model for the Slovenian Economy: Model Estimates and Application

Economic and Business Review, 2019
The paper presents the estimation of a dynamic stochastic general equilibrium (DSGE) model for the Slovenian economy and its applications. The model, which is built in the tradition of New Keynesian models, closely follows the structure of the model ...
Andrej Kuštrin
doaj   +1 more source

Empirical Literature on Fiscal Multipliers: A Bibliometric Approach, 2002–2023

Journal of Economic Surveys, Volume 40, Issue 2, Page 783-820, April 2026.
ABSTRACT This paper reviews the empirical literature on fiscal multipliers through a bibliometric approach, analyzing 337 journal articles published between 2002 and 2023. The articles are categorized based on empirical methodologies, fiscal shock identification strategies, geographic focus, exchange rate arrangements, and macro‐financial regime ...
Margarida Correia Varela, Ana Paula Ferreira Ribeiro   +1 more
wiley   +1 more source

The Monetary Policy–Commodities Nexus: A Survey

Journal of Economic Surveys, Volume 40, Issue 2, Page 1050-1082, April 2026.
ABSTRACT This survey synthesizes evidence on the bidirectional links between commodity markets and monetary policy. On the commodities‐to‐policy side, we review how shocks to energy, food, and metals pass through to inflation, inflation expectations, economic activity, and financial stability in state‐dependent ways that vary by shock type, exposure ...
Martin T. Bohl, Niklas Humann, Pierre L. Siklos   +2 more
wiley   +1 more source

The Labour Market in a New Neoclassical Synthesis Model with Nominal Wage Rigidities

Gospodarka Narodowa. The Polish Journal of Economics, 2018
The aim of this article is to review a body of research that uses labour market components to build models of Dynamic Stochastic General Equilibrium (DSGE) and to assess the implications of such models for monetary policy.
Przemysław Włodarczyk
doaj   +1 more source

DSGE Models in the Frequency Domain [PDF]

SSRN Electronic Journal, 2012
We exploit well-known features of the frequency domain to estimate a medium-scale DSGE model on different frequency bands. We study whether fit, parameter estimates and forecasting performance depend on the frequency band over which the model is estimated.
openaire   +1 more source

Can Central Bank Communication Guide Individuals' Expectations About the Macroeconomy? Evidence From a Randomized Information Experiment in China

International Studies of Economics, Volume 21, Issue 1, Page 73-89, March 2026.
ABSTRACT Communication with the market to guide public expectations has become a pivotal monetary policy instrument for central banks worldwide. Therefore, assessing the efficacy of communication in influencing personal expectations is essential for central banks.
Yuying Jin, Sunyao Xia
wiley   +1 more source

Who influenced inflation persistence in China? A comparative analysis of the standard CIA model and CIA model with endogenous money

South African Journal of Economic and Management Sciences, 2013
In this paper, we examine the influencing factors of inflation persistence in China’s economy using the DSGE approach. Two monetary DSGE models are estimated, namely, a standard CIA model and a CIA model with a Taylor rule. This article uses the Bayesian
Liao Ying, Ridong Hu
doaj   +1 more source