Results 11 to 20 of about 49,326 (327)
Maximum likelihood inference in weakly identified dynamic stochastic general equilibrium models
This paper examines the issue of weak identification in maximum likelihood, motivated by problems with estimation and inference in a multidimensional dynamic stochastic general equilibrium model.We show that two forms of the classical score (Lagrange ...
Isaiah Andrews, Anna Mikusheva
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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.
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The Substitution of Taxes for Oil Revenues by Designing a Dynamic Stochastic General Equilibrium (DSGE) [PDF]
This paper aims to examine the replacement oil revenues with tax revenues in the Iranian economy. For this purpose, using dynamic stochastic general equilibrium (DSGE) approach, a small open economy model consisting of two tradable and non-tradable ...
parviz rostamzadeh +1 more
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This 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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Monetary Dynamic Stochastic General Equilibrium Models and Inflation Persistence [PDF]
ABSTRACTThe paper investigates the capacity of New Keynesian (NK) models to explain inflation persistence without relying on ad hoc backwards‐looking mechanisms or external source of inertia. It explores various features of NK models– such as sticky wages, roundabout production structure, positive trend inflation, and monetary policy inertia– that ...
Salaheddine El Omari, Jalal Qanas
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Evaluation of Fiscal Policy for Economy of Iran in a Dynamic Stochastic General Equilibrium Model based on Real Business Cycles [PDF]
In this paper by using a dynamic stochastic general equilibrium model we study how macroeconomic variables are affected by different shocks using fiscal reaction functions for Iran’s economy.
Meysam Rafei +2 more
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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
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Economic policies aimed at managing economic variables in the short and long term have always been of special importance. These policies seek to reduce economic fluctuations in the short term and increase sustainable economic growth in the long term. One
P. Peykani +3 more
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Applications in dynamic stochastic general equilibrium macroeconomics
Arnoud Stevens
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