Analyzing wealth distribution effects of artificial intelligence: A dynamic stochastic general equilibrium approach. [PDF]
This 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 ...
Liu F, Liang C.
europepmc +2 more sources
Bayesian dynamic stochastic general equilibrium model of Kazakhstan
The article presents dynamic stochastic general equilibrium model of Kazakhstan and its parameters estimation by Bayesian methods. A feature of DSGE-approach is the use of the neo-Keynesian microeconomic foundation, which allows ...
Shults D.N.
doaj +1 more source
Comparative Comparison for Effects of Balance of Payments Shocks in Different Exchange Rate Regimes: A DSGE Approach [PDF]
Balance of payments shocks can impact economies in varying degrees depending on their structural characteristics, often leading to the formation of business cycles.
Mohammad Nikzad +2 more
doaj +1 more source
Investigating the Repercussion of Macroeconomic Variables to Taxes in the Iranian Economy in the Framework of the Dynamic Equilibrium General Equilibrium Model [PDF]
Objective: The main purpose of this paper is to evaluate the effect of tax shocks on consumption of domestic and imported consumer goods, labor income tax and corporate tax on gross domestic product and inflation in the framework of dynamic stochastic ...
Ali Reza Hassanzadeh Jezdani
doaj +1 more source
Stochastic Shocks and Oil Revenue Management in Iran; A Dynamic Stochastic General Equilibrium Approach [PDF]
The main objective of this study is to evaluate the impact of oil revenue, productivity and money growth rate shocks on macroeconomic variables, in the context of a DSGE model with the consideration of features such as big size of government activities ...
Mohammad Sayadi +3 more
doaj +1 more source
Post-Keynesian dynamic stochastic general equilibrium theory* [PDF]
This paper explains the connection between ideas developed in my recent books and papers and those of economists who self-identify as post-Keynesians. My own work is both neoclassical and ‘old Keynesian.’ Much of my published work assumes that people have rational expectations and that ‘animal spirits’ should be modeled as a new fundamental.
openaire +4 more sources
The Role of Internalization of Discount Factor on Households’ Behavior Using DSGE Model
This study attempts to examine the behavior of households in the Iranian economy within the framework of a dynamic stochastic general equilibrium model with the changes made in the endogenous discount factor.
Izadi Hamid Reza
doaj +1 more source
Bolivia’s Fiscal Rules: Dynamic Stochastic General Equilibrium Model Approach [PDF]
Changes in fiscal revenues in Bolivia allow us to assess its impact on the fiscal budget and spending policy. Based on a Dynamic Stochastic General Equilibrium Model (DSGE) using stylized facts for small open economy, we’re looking for a simulation of fundamentals’ responses or effects against different fiscal rules applied.
Daney, Valdivia, Marcelo, Montenegro
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Data cloning: Maximum likelihood estimation of DSGE models
We present evidence supporting the use of the data cloning method for maximum likelihood estimation of Dynamic Stochastic General Equilibrium models.
Luiz Gustavo C. Furlani +2 more
doaj +1 more source
This paper attempts to present a model that can investigate and compare the effect of utility change on the dominant economy by defining different utility functions for households in which they perform to smooth their consumption paths in each period by ...
Hamidreza Izadi
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