Results 71 to 80 of about 19,619 (152)

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

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  

External Shocks, Exchange Rate Changes, and Intermediate Goods: Explanation of Stagflation in Iranian Economy

برنامه‌ریزی و بودجه, 2022
Explanation of economic cycles, especially stagflation in an oil-dependent economy with high dependency on imported intermediate goods, requires a prototypical representation of the supply side and the propagation mechanism of the external shocks.
Shahbod Seighalani, Seyed Ahmadreza Jalali-Naini, Nasser Khiabani   +2 more
doaj  

A Small BVAR-DSGE Model for Forecasting the Australian Economy [PDF]

This paper estimates a small structural model of the Australian economy, designed principally for forecasting the key macroeconomic variables of output growth, underlying inflation and the cash rate.
Andrew Hodge, Robyn Stuart, Tim Robinson
core  

Labour Market in the Czech Republic: Dsge Approach

Review of Economic Perspectives, 2018
This paper deals with the comparison of two versions of the DSGE model, supplemented with labour market frictions, based on different data used. One of the data sets has been pre-filtered with the HP filter (lambda set to 1) to get rid of any noise and ...
Železník Martin
doaj   +1 more source

Should the Dynamic Stochastic General Equilibrium (DSGE) Model be taught to Undergraduate Students of Economics?

Papeles, 2019
In this article we present the consequences of introducing the advanced teaching of the DSGE (Dynamic Stochastic General Equilibrium) models to undergraduate economics programs.
Álvaro Moreno Rivas
doaj   +1 more source

Monetary policy analysis with potentially misspecified models [PDF]

This paper proposes a novel method for conducting policy analysis with potentially misspecified dynamic stochastic general equilibrium (DSGE) models and applies it to a New Keynesian DSGE model along the lines of Christiano, Eichenbaum, and Evans (JPE ...
Del Negro, Marco, Schorfheide, Frank
core   +3 more sources

The Implementation of Scenarios using DSGE Models [PDF]

The new generation of dynamic stochastic general equilibrium (DSGE) models seems particularly suited for conducting scenario analysis. These models formalise the behaviour of economic agents on the basis of explicit micro-foundations.
Igor Vetlov, Laure Frey, Lukas Reiss, Martin Schneider, Niki Papadopoulou, Ricardo Mourinho Felix, Tibor Hledik, Zoltan Jakab   +7 more
core  

Confronting Model Misspecification in Macroeconomics [PDF]

We estimate a Markov-switching mixture of two familiar macroeconomic models: a richly parameterized DSGE model and a corresponding BVAR model. We show that the Markov-switching mixture model dominates both individual models and improves the fit ...
Daniel F. Waggoner, Tao Zha
core  

Estimating DSGE model parameters in a small open economy: Do real-time data matter?

Review of Economic Perspectives, 2015
This paper investigates the differences between parameters estimated using real-time and those estimated with revised data. The models used are New Keynesian DSGE models of the Czech, Polish, Hungarian, Swiss, and Swedish small open economies in ...
Capek Jan
doaj   +1 more source