Results 51 to 60 of about 14,163,905 (237)
Asian Economics LettersThis study employs a Bayesian DSGE model with 2000Q1–2024Q2 data to assess Nigeria’s monetary policy effectiveness under climate uncertainty. The results show that climate, exchange rate, and oil price shocks amplify inflation and weaken policy ...
Umaru Aminu, Ado Nuhu
semanticscholar +1 more source
Estimation and evaluation of DSGE models: progress and challenges [PDF]
Estimated dynamic stochastic equilibrium (DSGE) models are now widely used for empirical research in macroeconomics as well as for quantitative policy analysis and forecasting at central banks around the world.
Frank Schorfheide
core +2 more sources
A Multi‐Country Approach to Estimate the Euro‐Area Natural Real Interest Rate
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT We set up a semi‐structural unobserved components multi‐country model of the eurozone. The common euro‐area natural rate of interest (NRI) is identified from the joint dynamics of the national data of its 20 member countries and estimated using Bayesian methods.
Tino Berger, Daria Kazakova, Bernd Kempa
wiley +1 more source
SustainabilityImplementing green fiscal and tax policies for reducing emissions and pollution without negatively impacting economic growth remains a challenge. We aimed to determine whether environmental protection and economic growth can both be attained under a ...
Jie Yan, Ruiliang Wang
semanticscholar +1 more source
SAGE OpenExternal shocks have profound impacts on urban industrial sectors, influencing the resilience of urban economic networks. While traditional complex network approaches provide insights into industrial linkages, they often fall short of capturing the ...
Liyuan Zhang +4 more
doaj +1 more source
Epistemological problems of prediction in Stochastic and Dynamic General Equilibrium (DSGE) models
Tesis (Lima), 2022 This article highlights the impact and criticism of the theoretical assumptions of prediction in the EGDE models, in addition to its scope and limits in terms of economic policy carried out by central banks. We have chosen various topics to explain predictive phenomena in social sciences and mainly in economics, based on econophysics, econometrics and ...
openaire +1 more source
What Are The Drivers of Labour Productivity in Italy?
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT This paper introduces a novel sign restriction identification within a structural Bayesian vector autoregression (VAR) to analyse how labour productivity responds to supply and demand shocks and to quantify the contribution of shocks to cyclical fluctuations.
Josué Diwambuena, Francesco Ravazzolo
wiley +1 more source
Journal of Risk and Financial ManagementThis research aims to explore the fiscal and public finance viability on climate physical risk externalities cost for building social-economic-environmental sustainability. It analyzes climate physical risk impact on the real business cycle to change the
Shuqin Gao
semanticscholar +1 more source
A DSGE Model for the Slovenian Economy: Model Estimates and Application
Economic and Business Review, 2019 The paper presents the estimation of a dynamic stochastic general equilibrium (DSGE) model for the Slovenian economy and its applications. The model, which is built in the tradition of New Keynesian models, closely follows the structure of the model ...
Andrej Kuštrin
doaj +1 more source
Is There an Information Channel of Monetary Policy?
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT Exploiting the heteroskedasticity of the changes in short‐term and long‐term interest rates and exchange rates around the FOMC announcement, we identify three structural monetary policy shocks. We eliminate the predictable part of the shocks and study their effects on financial variables and macro variables.
Oliver Holtemöller +2 more
wiley +1 more source