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Dynamic Stochastic General Equilibrium Models (DSGE): An Introduction [PDF]
Dynamic and Stochastic General Equilibrium (DSGE) models have become a frequent choice of modeling methodology for complex dynamic and stochastic phenomena in different branches of economics. They are increasingly used by decision-makers to analyze various policy decisions or to generate rigorous forecasts.
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Global Business Review, 2019
This study examines the effect of anticipated and unanticipated monetary policy shocks on the effectiveness of monetary policy transmission mechanism in Nigeria by estimating a sticky-price dynamic stochastic general equilibrium (DSGE) model using ...
Akinlo A. Enisan +1 more
semanticscholar +1 more source
This study examines the effect of anticipated and unanticipated monetary policy shocks on the effectiveness of monetary policy transmission mechanism in Nigeria by estimating a sticky-price dynamic stochastic general equilibrium (DSGE) model using ...
Akinlo A. Enisan +1 more
semanticscholar +1 more source
International Journal of Intelligent Unmanned Systems, 2019
Purpose The purpose of this paper is to investigate the effects of news shocks on monetary policies using the dynamic stochastic general equilibrium (DSGE) model. To this end, two kinds of news shocks (known as technology and consumer preferences) are defined according to Khan and Tsoukalas’ (2012) approach.
Shapoor Zarei +3 more
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Purpose The purpose of this paper is to investigate the effects of news shocks on monetary policies using the dynamic stochastic general equilibrium (DSGE) model. To this end, two kinds of news shocks (known as technology and consumer preferences) are defined according to Khan and Tsoukalas’ (2012) approach.
Shapoor Zarei +3 more
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Dynamic and Stochastic General Equilibrium (DSGE) Models: An Introduction [PDF]
Dynamic and Stochastic General Equilibrium (DSGE) models have become a frequent choice of modeling methodology for complex dynamic and stochastic phenomena in different branches of economics. They are increasingly used by decision-makers to analyze various policy decisions or to generate rigorous forecasts.
openaire
2018
Nowadays, information and communication technologies are widely used in Thailand. Also, the government has a policy to support economic development through ICT, expecting to help increase the growth of Thai economy. The research purpose is to study the impact of ICT on Thai economic trends.
Chaiwat Klinlampu +3 more
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Nowadays, information and communication technologies are widely used in Thailand. Also, the government has a policy to support economic development through ICT, expecting to help increase the growth of Thai economy. The research purpose is to study the impact of ICT on Thai economic trends.
Chaiwat Klinlampu +3 more
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Management Strategies and Engineering Sciences
In the Iranian economy, changes in bank deposit interest rates—as tools for implementing credit and monetary policies—have become a major concern for policymakers and macroeconomic authorities, due to the various channels and mechanisms through which they affect the economy and contribute to economic fluctuations.
Mohammad Ranjbari +3 more
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In the Iranian economy, changes in bank deposit interest rates—as tools for implementing credit and monetary policies—have become a major concern for policymakers and macroeconomic authorities, due to the various channels and mechanisms through which they affect the economy and contribute to economic fluctuations.
Mohammad Ranjbari +3 more
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Dynamic stochastic general equilibrium (DSGE) priors for Bayesian vector autoregressive (BVAR) models: DSGE model comparison [PDF]
This Paper describes a procedure for constructing theory restricted prior distributions for BVAR models. The Bayes Factor, which is obtained without any additional computational e?ort, can be used to assess the plausibility of the restrictions imposed on the VAR parameter vector by competing DSGE models.
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International Journal of Advances in Engineering and Management
The application of DSGE models in economic research within the labour market in Nigeria call for concern and further need exploration. This study therefore examined labour market fluctuations in Nigeria from 2008 to 2022 using a DSGE model to analyze the payroll paradox. It also assesses how different economic shocks affect labour market outcomes.
Prof. Aremu Prof. Aremu +3 more
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The application of DSGE models in economic research within the labour market in Nigeria call for concern and further need exploration. This study therefore examined labour market fluctuations in Nigeria from 2008 to 2022 using a DSGE model to analyze the payroll paradox. It also assesses how different economic shocks affect labour market outcomes.
Prof. Aremu Prof. Aremu +3 more
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Monetary Policies and Nigerian Economy:Simulations from Dynamic Stochastic General Equilibrium(DSGE)Model [PDF]
Traditionally, the task of monetary management is usually performed by the monetary authority on behalf of government. However, a key challenge in monetary management is how to deal with uncertainty. Thus, the relevant policy questions must include how best the available instruments of monetary policy be deployed in shock prone mature stabilizers ...
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This paper describes a substantially improved version of K-DSGE, the dynamic stochastic general equilibrium model of the Saudi Arabian economy, developed by KAPSARC researchers.
Hossa Almutairi +3 more
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Hossa Almutairi +3 more
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