Results 81 to 90 of about 915,443 (204)
Counterfactual analysis using a regional dynamic general equilibrium model with historical calibration [PDF]
This paper develops a regional dynamic general equilibrium model calibrated using two regional SAMs for the Italian region Valle D’Aosta for the years 1963 and 2002.
Federico Perali, Stefania Lovo
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Soft budget constraints in a dynamic general equilibrium model [PDF]
This paper considers an overlapping generations model in which capitalinvestment is financed in a credit market with adverse selection. Lenders´inability to commit ex-ante not to bailout ex-post, together with a wealthyposition of entrepreneurs gives ...
Enrique Gilles
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Marginal Efficiency of Investment Shocks and Consumption Puzzle A Dynamic Stochastic General Equilibrium Model [PDF]
پژوهشهای اقتصادیAim and Introduction Studies and contributions of structural vector autoexplanatory models using Bayesian and classical techniques have provided evidence that shocks to the marginal efficiency of investment are the main drivers of economic volatility in ...
Mousa Maghsoudi +2 more
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Smoothing the shocks of a dynamic stochastic general equilibrium model [PDF]
In some ways, the recession of 2001 and the recovery that followed it were unique: During the recession, the contraction in measured output was driven almost entirely by a retrenchment in business capital spending while consumer spending and residential ...
Andrew Bauer +2 more
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Dynamic models with non clearing markets [PDF]
This article studies a new class of models which synthesize the two traditions of general equilibrium with nonclearing markets and imperfect competition on the one hand, and dynamic stochastic general equilibrium (DSGE) models on the other hand.
Jean-Pascal Bénassy
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A Dynamic General Equilibrium Framework of Investment with Financing Constraint [PDF]
In this paper, we provide a dynamic general equilibrium framework with an explicit investment-financing constraint. The constraint is intended as a reduced form to capture the balance sheet effects that have been widely regarded as an important ...
Chi-Wa Yuen, Danyang Xie
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Relative price movements in dynamic general equilibrium models of international trade [PDF]
We examine the behavior of international relative prices from the perspective of dynamic general equilibrium theory, with particular emphasis on the variability of the terms of trade and the relation between the terms of trade and net exports.
David K. Backus +2 more
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Evaluating dynamic general equilibrium models. [PDF]
In this thesis we introduce a new bootstrap method for testing structural DSGE models according to their dynamic performance. The method maintains a separation between the structural (non-linear) model as the null hypothesis and its dynamic time series representation.
openaire
Solving SDGE Models: A New Algorithm for the Sylvester Equation [PDF]
This paper presents a new numerical algorithm for solving the Sylvester equation involved in higher-order perturbation methods developed for solving stochastic dynamic general equilibrium models.
Ondrej Kamenik
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Environmental Research LettersThis 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 +5 more
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