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
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Some aspects of construction and use of dynamic stochastic general equilibrium (DSGE) models
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
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Empirical Models of General Economic Equilibrium [PDF]
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
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Modelling the impact of external shocks on economy of Ukraine: DSGE approach
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
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Pricing Decisions in an Experimental Dynamic Stochastic General Equilibrium Economy [PDF]
We construct experimental economies, populated with human subjects, with a structure based on a nonlinear version of the New Keynesian Dynamic Stochastic General Equilibrium (DSGE) model. We analyze the behavior of firms' pricing decisions in four different experimental economies.
Charles Noussair +2 more
openaire +2 more sources
Can Shocks to Risk Aversion Explain Business Cycle Fluctuations in Bulgaria (1999–2019)?
Stochastic risk aversion is introduced into a dynamic general-equilibrium setup augmented with government. The theoretical framework is calibrated to Bulgarian data for the period 1999–2019.
Aleksandar Vasilev
doaj +4 more sources
Dual Labor Market in a Dynamic Stochastic General Equilibrium Model of Iran [PDF]
The substantial share of informal employment in Iran, on the one hand and the growing use of dynamic stochastic general equilibrium models in analyzing economic policies by central banks and eliminating the flaws of these models, on the other hand ...
marzieh esfandyari +2 more
doaj
MONETARY POLICY OPTIMIZATION BASED ON THE DSGE MODEL OF KAZAKHSTAN'S ECONOMY
The model describes the economy in the short term (excluding investments), in the case of inflation targeting policy and represents a system of 15 linearized equations for key macroeconomic indicators of the main economy sectors: households ...
D.Shults, A.Kyssykov
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Assessment of Macroeconomic Fluctuations and Monetary Transmission Channel in Iran; Dynamic Stochastic General Equilibrium Approach [PDF]
Empirical evidence about recent financial crisis revealed the prominent role of financial sector in transmission of different shocks to the real sector of economy.
Somayeh Shahhoseini, Javid Bahrami
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Money and Monetary Policy in Dynamic Stochastic General Equilibrium Models [PDF]
We compare two methods of motivating money in New Keynesian dynamic stochastic general equilibrium models—money‐in‐the‐utility function and the cash‐in‐advance (CIA) constraint—as well as two ways of modelling monetary policy: the interest rate feedback rule and money growth rules.
Bhattacharjee, Arnab +1 more
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