Results 61 to 70 of about 14,163,905 (237)
This paper analyses the consequences and effects of volatile energy prices in the UK. The evidence provided are from an estimated DSGE model of energy. The model is applied on filtered data from 1981:Q1 to 2013:Q1 and evaluated by the indirect inference ...
Nasir Aminu
semanticscholar +1 more source
Financial Shocks and Labour Market Fluctuations with Financial Frictions [PDF]
The financial crisis of 2007 showed that the impact of financial markets on macroeconomic developments is deep. The labor market was affected by financial variables.
Asadollah Farzin Vash +2 more
doaj
Public investment in defense and technological progress: a DSGE model
This paper argues the importance of investment in defense, as part of public investment in enhancing the industrial and technological base of the country as well as in the development of innovative productive sectors.
José Lorenzo Jiménez, Antonio Fonfría
doaj +1 more source
Equities drive the currency: Evolving dynamics of Korea's financial system
Abstract This study investigates the evolving dynamic relationships between exchange rates, price level, interest rates, and the Korea Composite Stock Price Index (KOSPI) in the context of Korea's rapidly transforming economy from January 1982 to February 2025. Employing a comprehensive empirical framework that integrates cointegration analysis, vector
Myeong Hwan Kim
wiley +1 more source
The Impact of Fiscal Policy on Macroeconomic Variables: New Evidence from a DSGE Model [PDF]
The purpose of this article is to analyze the macroeconomic impacts of fiscal policy in Iran using a new-Keynesian Dynamic Stochastic General Equilibrium (DSGE) model.
Ahmad Jafari Samimi +3 more
doaj +1 more source
The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission
ABSTRACT We examine how labour market institutions shape monetary policy transmission in euro area countries. A theoretical model suggests that higher union density flattens the Phillips curve, amplifying output responses while dampening the inflation effects of monetary shocks. This is empirically confirmed using an interacted panel VAR.
Maximilian Boeck, Christian Glocker
wiley +1 more source
Potential Output in DSGE Models [PDF]
In view of the increasing use of Dynamic Stochastic General Equilibrium (DSGE) models in the macroeconomic projections and the policy process, this paper examines, both conceptually and empirically, alternative notions of potential output within DSGE ...
Massimiliano Pisani +4 more
core +2 more sources
Labor Market Institutions, Fiscal Multipliers, and Macroeconomic Volatility
ABSTRACT How do labor market institutions shape the transmission of government spending shocks and macroeconomic volatility? We develop a theoretical model in which labor market institutions affect fiscal transmission through their effect on wage rigidity, job separation, and matching frictions.
Maximilian Boeck +2 more
wiley +1 more source
What would have happened if a relatively looser fisheries policy had been implemented in the European Union (EU)? Using Bayesian methods a Dynamic Stochastic General Equilib- rium (DSGE) model is estimated to assess the impact of the European Common ...
Esteban Colla-De-Robertis +4 more
semanticscholar +1 more source
A Predictive Likelihood Approach to Bayesian Averaging
Multivariate time series forecasting is applied in a wide range of economic activities related to regional competitiveness and is the basis of almost all macroeconomic analysis.
Tomáš Jeřábek, Radka Šperková
doaj +1 more source

