An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area [PDF]
Journal of the European Economic Association, 2002 This paper develops and estimates a dynamic stochastic general equilibrium (DSGE) model with sticky prices and wages for the euro area. The model incorporates various other features such as habit formation, costs of adjustment in capital accumulation and variable capacity utilisation.
Frank Smets, Raf Wouters
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Bayesian dynamic stochastic general equilibrium model of Kazakhstan
Хабаршысы. Экономика сериясы, 2019 The article presents dynamic stochastic general equilibrium model of Kazakhstan and its parameters estimation by Bayesian methods. A feature of DSGE-approach is the use of the neo-Keynesian microeconomic foundation, which allows ...
Shults D.N.
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An Estimated Stochastic Dynamic General Equilibrium Model of the Euro Area [PDF]
SSRN Electronic Journal, 2002 This paper develops and estimates a stochastic dynamic general equilibrium (SDGE) model with sticky prices and wages for the euro area. The model incorporates various other features such as habit formation, costs of adjustment in capital accumulation and variable capacity utilisation.
Smets, Frank, Wouters, Raf
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A dynamic stochastic general equilibrium model for Switzerland [PDF]
, 2009 This paper presents a DSGE (dynamic stochastic general equilibrium) model of the Swiss economy used since 2007 in the monetary policy decision process at the Swiss National Bank. In addition to forecasting the likely course of main macro variables under various scenarios for the Swiss economy, the model DSGE-CH serves as a laboratory for studying ...
Nicolas Alexis Cuche-Curti +2 more
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Comparative Comparison for Effects of Balance of Payments Shocks in Different Exchange Rate Regimes: A DSGE Approach [PDF]
Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī, 2023 Balance of payments shocks can impact economies in varying degrees depending on their structural characteristics, often leading to the formation of business cycles.
Mohammad Nikzad +2 more
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Investigating the Repercussion of Macroeconomic Variables to Taxes in the Iranian Economy in the Framework of the Dynamic Equilibrium General Equilibrium Model [PDF]
مجله توسعه و سرمایه, 2021 Objective: The main purpose of this paper is to evaluate the effect of tax shocks on consumption of domestic and imported consumer goods, labor income tax and corporate tax on gross domestic product and inflation in the framework of dynamic stochastic ...
Ali Reza Hassanzadeh Jezdani
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The Role of Internalization of Discount Factor on Households’ Behavior Using DSGE Model
Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice, 2023 This study attempts to examine the behavior of households in the Iranian economy within the framework of a dynamic stochastic general equilibrium model with the changes made in the endogenous discount factor.
Izadi Hamid Reza
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Bolivia’s Fiscal Rules: Dynamic Stochastic General Equilibrium Model Approach [PDF]
SSRN Electronic Journal, 2009 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 fundamentals’ responses or effects against different fiscal rules applied.
Daney, Valdivia, Marcelo, Montenegro
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Studies in Business and Economics, 2022 This paper attempts to present a model that can investigate and compare the effect of utility change on the dominant economy by defining different utility functions for households in which they perform to smooth their consumption paths in each period by ...
Hamidreza Izadi
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Examining the Equity Premium Puzzle in Iran: A Practical Approach Using a Dynamic Stochastic General Equilibrium Model [PDF]
Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī, 2023 The equity premium is obtained from the difference between the return on the risky stock asset and the return on the risk-free asset; the failure of financial theory to explain high equity premium is known as the equity premium puzzle.
Sahar Zare Joneghani +3 more
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