Results 121 to 130 of about 2,914 (217)
Towards a monetary policy evaluation framework [PDF]
Advances in the development of Dynamic Stochastic General Equilibrium (DSGE) models towards medium-scale structural frameworks with satisfying data coherence have considerably enhanced the range of analytical tools well-suited for monetary policy ...
Adjemian, Stéphane +2 more
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Persistence Endogeneity Via Adjustment Costs: An Assessment based on Bayesian Estimations [PDF]
This paper estimates a dynamic stochastic general equilibrium (DSGE) model for the European Monetary Union by using Bayesian techniques. A salient feature of the model is an extension of the typically postulated quadratic cost structure for the ...
Sebastian Sienknecht
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Uncertainty before and during COVID-19: A survey. [PDF]
J Econ Surv, 2022 Castelnuovo E.
europepmc +1 more source
Endogenous Persistence in an Estimated DSGE Model under Imperfect Information [PDF]
We provide a tool for estimating DSGE models by BayesianMaximum-likelihood methods under very general information assumptions. This framework is applied to a New Keynesian model where we compare the standard approach, that assumes an informational ...
Paul Levine +3 more
core +2 more sources
Bolivia’s fiscal rules: dynamic stochastic general equilibrium model approach
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 ...
Marcelo, Montenegro, Daney, Valdivia
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Monetary policy and natural disasters in a DSGE model: how should the Fed have responded to Hurricane Katrina? [PDF]
In the immediate aftermath of Hurricane Katrina, speculation arose that the Federal Reserve might respond by easing monetary policy. This paper uses a dynamic stochastic general equilibrium (DSGE) model to investigate the appropriate monetary policy ...
Michael R. Pakko, Benjamin D. Keen
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Why do we need agent-based macroeconomics? [PDF]
Rev Evol Polit Econ, 2022 Cincotti S, Raberto M, Teglio A.
europepmc +1 more source
The macroeconomic spillovers from space activity. [PDF]
Proc Natl Acad Sci U S A, 2023 Corrado L +3 more
europepmc +1 more source
Sticky Information in General Equilibrium [PDF]
This paper develops and analyzes a general-equilibrium model with sticky information. The only rigidity in goods, labor, and financial markets is that agents are inattentive, sporadically updating their information sets, when setting prices, wages, and ...
Ricardo Reis, N. Gregory Mankiw
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