Optimization of warehousing and transportation costs, in a multi-product multi-level supply chain system, under a stochastic demand [PDF]
International Journal for Simulation and Multidisciplinary Design Optimization, 2010 The centralized management approach provides a general view to set a better coordination between the elements of the supply chain, and look for the equilibrium between the stock and the shipped quantities.
Tikito K. +3 more
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Selfish routing equilibrium in stochastic traffic network: A probability-dominant description. [PDF]
PLoS ONE, 2017 This paper suggests a probability-dominant user equilibrium (PdUE) model to describe the selfish routing equilibrium in a stochastic traffic network. At PdUE, travel demands are only assigned to the most dominant routes in the same origin-destination ...
Wenyi Zhang +3 more
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Analyzing Data Revisions with a Dynamic Stochastic General Equilibrium Model [PDF]
SSRN Electronic Journal, 2014 We use a structural dynamic stochastic general equilibrium model to investigate how initial data releases of key macroeconomic aggregates are related to final revised versions and how identified aggregate shocks influence data revisions. The analysis sheds light on how well preliminary data approximate final data and on how policy makers might ...
Croushore, Dean, Sill, Keith
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Evaluation of Stackelberg Leader-Follower Interaction Between Policymakers in Small Open Economies
Ekonomika, 2021 The problem of coordination between policymakers seems to have created fundamental problems related to economic and social costs, targeted inflation, potential growth, and a high budget deficit.
Metin Tetik, Reşat Ceylan
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Methods to estimate dynamic stochastic general equilibrium models [PDF]
Journal of Economic Dynamics and Control, 2007 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Teaching DSGE models to undergraduates
EconomiA, 2018 This paper puts forward a systematic approach to teaching simple dynamic stochastic general equilibrium (DSGE) models to undergraduates. It proceeds in the following way: first, the structural model of the economy, which includes the households’ and ...
Celso J. Costa Junior +1 more
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Can Shocks to Risk Aversion Explain Business Cycle Fluctuations in Bulgaria (1999–2019)?
Managing Global Transitions, 2021 Stochastic risk aversion is introduced into a dynamic general-equilibrium setup augmented with government. The theoretical framework is calibrated to Bulgarian data for the period 1999–2019.
Aleksandar Vasilev
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Solving Monetary (MIU) models with Linearized Euler Equations: Method of Undetermined Coefficients [PDF]
International Journal of Research in Industrial Engineering, 2017 This paper attempts to solve a benchmark money in utility model by first order Taylor approximation to the policy function. After a brief summary of recent development in first order Taylor approximation in solving dynamic stochastic general equilibrium ...
S.F. Fakhrehosseini, Meysam kaviani
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Oil shocks and National Development Fund dynamics, new Keynesians Dynamic Stochastic General Equilibrium (DSGE) [PDF]
مدلسازی اقتصادسنجی, 2017 Today, the National Development Fund due to the important role that play in dealing with oil revenue shocks, they are considered by the oil countries as an effective mechanism for managing oil revenues. Therefore, a new Keynesians DSGE model with respect
akram gheybi hashemabadi +3 more
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An Estimated Stochastic Dynamic General Equilibrium Model of the Euro Area [PDF]
, 2003 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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