Results 71 to 80 of about 501 (184)

Exchange rate forecasting with DSGE models [PDF]

Journal of International Economics, 2016
Abstract We run an exchange rate forecasting “horse race”, which highlights that three principles hold. First, forecasts should not replicate the high volatility of exchange rates observed in sample. Second, models should exploit the mean reversion of the real exchange rate over long horizons. Third, they should account for the international price co-
Ca' Zorzi, Michele, Kolasa, Marcin, Rubaszek, Michał   +2 more
openaire   +2 more sources

Learning From 25 Years of Changes in Business Tax Policy

Public Budgeting &Finance, EarlyView.
Abstract This paper summarizes the significant changes to the taxation of business income in the United States over the last 25 years and how the resulting policy variation has helped inform research on business taxation. The survey of research on the topic covers investment incentives, international taxation, corporate financial policy, issues with ...
Jason DeBacker, Aerfate Haimiti
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

South Africa's Inflation: Monetary or Fiscal

South African Journal of Economics, Volume 94, Issue 4, December 2026.
ABSTRACT Conventional macroeconomics has viewed inflation as a monetary phenomenon through the quantity theory of money. Ever‐increasing sovereign debt globally has caused concern amongst economists. These concerns follow not from the ability of governments to repay their debt, but rather the impact of sizeable debt portfolios on price levels.
Guangling Liu, Christopher D. Solomon
wiley   +1 more source

Demographic Dynamics and International Trade: Stylized Facts and Theoretical Insights

Journal of Economic Surveys, Volume 40, Issue 4, Page 1806-1833, September 2026.
ABSTRACT Demographic change within a country has economic repercussions for other countries through international transactions. Ongoing shifts in population size and age structure across countries have important implications for international trade, operating through changes in market size, consumption preferences, and labor supply.
Kumuthini Sivathas
wiley   +1 more source

Trend Inflation and the Costs of Price Dispersion in a Fiscal DSGE Model

South African Journal of Economics, Volume 94, Issue 3, September 2026.
ABSTRACT Most inflation‐targeting frameworks allow for a positive trend inflation rate, yet its optimal level remains uncertain. The extended deliberation in South Africa to move from a 3%–6% target band to a 3% target (with a 1% tolerance band) illustrates this tension.
Clinton Joel, Hylton Hollander
wiley   +1 more source

An Estimated DSGE Model of the Indian Economy [PDF]

, 2012
AbstractThis article studies business cycle dynamics in the Indian economy using a new Keynesian dynamic stochastic general equilibrium (DSGE) framework. This is one of the first attempts to estimate a DSGE model for the Indian economy. The policy relevance of conducting such an exercise is without question: High growth in India since 1991 has been ...
Gabriel, V, Levine, P, Pearlman, J, Yang, B   +3 more
openaire   +6 more sources

Monetary–Fiscal Coordination in South Africa: Aligning the Stars

South African Journal of Economics, Volume 94, Issue 3, September 2026.
ABSTRACT Monetary–fiscal policy tensions build‐up when debt is rising and inflation is falling. We introduce the concept of a fiscal‐neutral rate (fiscal r‐star) into a two‐agent new Keynesian dynamic stochastic general equilibrium model estimated with South African data.
Roy Havemann, Hylton Hollander
wiley   +1 more source

Modelos de equilibrio general dinámicos y estocásticos para Colombia 1995 – 2011

Ecos de Economía, 2011
Este documento presenta una revisión cronológica de los Modelos de Equilibrio General Dinámicos y Estocásticos (DSGE) desde 1995 hasta el 2011 desarrollados para la economía colombiana.
Ramiro Rodríguez Revilla
doaj  

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