Oil shocks and National Development Fund dynamics, new Keynesians Dynamic Stochastic General Equilibrium (DSGE) [PDF]
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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Analyzing Data Revisions with a Dynamic Stochastic General Equilibrium Model [PDF]
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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The Monetary Shocks\' Asymmetry within Dynamic Stochastic General Equilibrium Model [PDF]
The issue of asymmetric effects of monetary shocks on the economy is among the new topics that have been studied by the New Keynesians. How to monetary shocks affect macroeconomic variables such as gross domestic product (GDP), prices, private investment
Bahram Sahabi +2 more
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Transformed Perturbation Solutions for Dynamic Stochastic General Equilibrium Models [PDF]
Despite the recent introduction of novel solution methods for Dynamic Stochastic General Equilibrium (DSGE), perturbation methods are still among the most popular and widely used solution techniques for DSGE models. Unfortunately, nonlinear perturbation solutions produce paths with stochastic properties that invalidate the econometric analysis.
Blasques, Francisco, Nientker, Marc
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Dual Labor Market in a Dynamic Stochastic General Equilibrium Model of Iran [PDF]
The substantial share of informal employment in Iran, on the one hand and the growing use of dynamic stochastic general equilibrium models in analyzing economic policies by central banks and eliminating the flaws of these models, on the other hand ...
marzieh esfandyari +2 more
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Regional dynamic stochastic general equilibrium model as a tool for analysis of fiscal policy
Using the tools of regional dynamic models for analyzing the economy of the constituent entities of the Russian Federation, in particular, for studying regional business cycles is currently an urgent task.
Leonid Aleksandrovich Serkov
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The transition of central banks to the inflation targeting policy has increased the importance to apply dynamic stochastic general equilibrium models (DSGE-models) for the assessment of social and economic effects of decisions, and to justify their ...
Dmitriy Nikolaevich Shults +1 more
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Evaluation of Fiscal Policy for Economy of Iran in a Dynamic Stochastic General Equilibrium Model based on Real Business Cycles [PDF]
In this paper by using a dynamic stochastic general equilibrium model we study how macroeconomic variables are affected by different shocks using fiscal reaction functions for Iran’s economy.
Meysam Rafei +2 more
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In this article we present the consequences of introducing the advanced teaching of the DSGE (Dynamic Stochastic General Equilibrium) models to undergraduate economics programs.
Álvaro Moreno Rivas
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Countercyclical prudential tools in an estimated DSGE model
We developed a dynamic stochastic general equilibrium (DSGE) model for a small, open economy with a banking sector and endogenous default to assess two macroprudential tools: countercyclical capital buffers (CCB) and dynamic provisions (DP). The model is
Serafín Frache +2 more
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