Beyond the implementation of a dynamic stochastic general equilibrium model [PDF]
Theoretical and Applied Economics, 2015 The present paper is structured as a brief guide focused on the rendering of the output generated by Dynare, a specific tool of Matlab, when implementing a Dynamic Stochastic General Equilibrium model for impulse-response function analysis purpose. After
Oana Simona HUDEA (CARAMAN)
doaj +1 more source
Selfish routing equilibrium in stochastic traffic network: A probability-dominant description. [PDF]
PLoS ONE, 2017 This paper suggests a probability-dominant user equilibrium (PdUE) model to describe the selfish routing equilibrium in a stochastic traffic network. At PdUE, travel demands are only assigned to the most dominant routes in the same origin-destination ...
Wenyi Zhang +3 more
doaj +1 more source
On the origin of power-law distributions in systems with constrained phase space
Condensed Matter Physics, 2013 Behavior of condensed matter systems deviating from the standard equilibrium conditions is discussed. Statistical properties of coupled dynamic-stochastic systems are studied within a combination of the maximum information principle and the ...
E.V. Vakarin
doaj +1 more source
Oil shocks and National Development Fund dynamics, new Keynesians Dynamic Stochastic General Equilibrium (DSGE) [PDF]
مدلسازی اقتصادسنجی, 2017 Today, the National Development Fund due to the important role that play in dealing with oil revenue shocks, they are considered by the oil countries as an effective mechanism for managing oil revenues. Therefore, a new Keynesians DSGE model with respect
akram gheybi hashemabadi +3 more
doaj +1 more source
The Monetary Shocks\' Asymmetry within Dynamic Stochastic General Equilibrium Model [PDF]
پژوهشهای اقتصادی, 2017 The issue of asymmetric effects of monetary shocks on the economy is among the new topics that have been studied by the New Keynesians. How to monetary shocks affect macroeconomic variables such as gross domestic product (GDP), prices, private investment
Bahram Sahabi +2 more
doaj
Application of dynamic stochastic general equilibrium models to the case of the Serbian economy [PDF]
Ekonomski Anali, 2014 This paper proposes a dynamic stochastic general equilibrium (DSGE) model for the Serbian economy. It is a modification of the existing models of Goodhart, Osorio and Tsomocos (2009) and Martinez and Tsomocos (2012).
Urošević Branko, Grga Nikola
doaj +1 more source
Frontiers in Energy Research, 2023 The design of China’s industrial carbon reduction policies is still in its early stages, so currently, comparing the effectiveness of various emission reduction policies can help China design emission reduction policies.
Yutao Lei +3 more
doaj +1 more source
Some aspects of construction and use of dynamic stochastic general equilibrium (DSGE) models
Вестник Пермского университета: Серия Экономика, 2016 The article deals with practical aspects of constructing dynamic stochastic general equilibrium models (DSGE). A basic model of the real business cycle theory (RBC) is considered.
Dmitriy Nikolaevich Shults +1 more
doaj +1 more source
Empirical Models of General Economic Equilibrium [PDF]
Пространственная экономика, 2014 The article considers possibilities and limitations of empirical models of general economic equilibrium and gives their classification. The author divides computable models of general economic equilibrium into two groups: the first one is based on a ...
Dmitriy Aleksandrovich Izotov
doaj +1 more source
Modelling the impact of external shocks on economy of Ukraine: DSGE approach
Ekonomika, 2016 The paper explores the dynamic stochastic general equilibrium model to study the impact of external shocks on the economy of Ukraine. The dynamic stochastic general equilibrium model is constructed for a small open economy that includes households, firms
Olena Bazhenova, Yuliya Bazhenova
doaj +1 more source