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Reinforcement learning-assisted distributionally robust energy management for multi-microgrid networks. [PDF]
Li H +7 more
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Bank Capital Regulation in Dynamic Stochastic General Equilibrium Models
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Dynamic Identification of Dynamic Stochastic General Equilibrium Models
Econometrica, 2011This paper studies dynamic identification of parameters of a dynamic stochastic general equilibrium model from the first and second moments of the data. Classical results for dynamic simultaneous equations do not apply because the state space solution of the model does not constitute a standard reduced form.
Serena Ng, Ivana Komunjer
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Money Policy in Dynamic Stochastic General Equilibrium Models
2009 International Asia Conference on Informatics in Control, Automation and Robotics, 2009Abstract: By using the quarterly data of 1996-2005 in China, we use a dynamic stochastic general equilibrium modeling framework to compare the different design of monetary policy: an interest rate feedback rule and a money growth rule. Drawing on our econometric analysis, we argue that model, closed with interest rate feedback rule comes closer to ...
Yang Liu, Li Li
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Dynamic Stochastic General Equilibrium Models
Springer Texts in Business and EconomicsHamilton Galindo Gil +2 more
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Money Shock in Dynamic Stochastic General Equilibrium Models
2009 Second International Workshop on Knowledge Discovery and Data Mining, 2009Based on the China economy data 1996-2005, two issues are addressed in this paper. First, we examine the ability of the DSGE model to describe stylized facts about China economy. The model succeeds to replicate the variability observed in 1996-2005. Second, we compare two methods of motivating money in DSGE Model.
Yang Liu, Li Li
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