Results 51 to 60 of about 915,443 (204)
Complex Dynamics in an Evolutionary General Equilibrium Model [PDF]
Discrete Dynamics in Nature and Society, 2018 We propose an exchange economy evolutionary model with discrete time, in which there are two utility-maximizing groups of agents which differ in the preference structure. Assuming an evolutionary mechanism based on the relative utility values realized by the two kinds of agents, we analytically and numerically investigate the existence of equilibria ...
Naimzada, A, Pireddu, M.
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Sound Fiscal Reactions to Stochastic Shocks: A DSGE Approach [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2014 Using a New Keynesian dynamic stochastic general equilibrium of Iran with price rigidity and imperfect markets, this paper shows how different stochastic shocks affect main macroeconomic variables in presence of variety of reaction functions. In this way,
Javid Bahrami, Meysam Rafei
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Regional dynamic stochastic general equilibrium model as a tool for analysis of fiscal policy
Вестник Пермского университета: Серия Экономика, 2019 Using the tools of regional dynamic models for analyzing the economy of the constituent entities of the Russian Federation, in particular, for studying regional business cycles is currently an urgent task.
Leonid Aleksandrovich Serkov
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Inventories in Dynamic General Equilibrium [PDF]
, 2010 This article investigates a dynamic general equilibrium model with a stockout constraint, which means that no seller can sell more than the inventories that she has. The model successfully explains two inventory facts; (i) inventory investment is procyclical, and (ii) production is more volatile than sales.
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Lumpy Investment in Dynamic General Equilibrium [PDF]
Microeconomic lumpiness matters for macroeconomics. According to our DSGE model, it explains roughly 60% of the smoothing in the investment response to aggregate shocks. The remaining 40% is explained by general equilibrium forces.
Eduardo Engel +2 more
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MathematicsThis study employs a dynamic stochastic general equilibrium model with Bayesian estimation to rigorously evaluate China’s macroeconomic responses to cost-push, monetary policy, and foreign income shocks.
Dongxue Wang, Yugang He
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Teaching DSGE models to undergraduates
EconomiA, 2018 This paper puts forward a systematic approach to teaching simple dynamic stochastic general equilibrium (DSGE) models to undergraduates. It proceeds in the following way: first, the structural model of the economy, which includes the households’ and ...
Celso J. Costa Junior +1 more
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On a spontaneous decentralized market process
Journal of Mechanism and Institution Design, 2017 We examine a spontaneous decentralized market process widely observed in real life labor markets. This is a natural random decentralized dynamic competitive process.
Satoru Fujishige, Zaifu Yang
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Does Environmental Regulation Help Mitigate Factor Misallocation?-Theoretical Simulations Based on a Dynamic General Equilibrium Model and the Perspective of TFP. [PDF]
Int J Environ Res Public Health, 2022 Dong X, Yang Y, Zhuang Q, Xie W, Zhao X.
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HeliyonThis study explores the often-overlooked influence of artificial intelligence (AI) on wealth distribution. Using a continuous-time heterogeneous agent dynamic general equilibrium model, we investigate AI's impact on production technology as a form of ...
Fang Liu, Chen Liang
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