Smoothing the shocks of a dynamic stochastic general equilibrium model [PDF]
In some ways, the recession of 2001 and the recovery that followed it were unique: During the recession, the contraction in measured output was driven almost entirely by a retrenchment in business capital spending while consumer spending and residential ...
Andrew Bauer +2 more
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Investigating the monetary policy risk channel based on the dynamic stochastic general equilibrium model: Empirical evidence from Iran. [PDF]
PLoS One, 2023 Peykani P +3 more
europepmc +1 more source
SOEPL 2009 – An Estimated Dynamic Stochastic General Equilibrium Model for Policy Analysis And Forecasting [PDF]
The paper documents elements of work on the dynamic stochastic general equilibrium (DSGE) SOEPL model that has been carried out in recent years at the National Bank of Poland.
Bohdan Klos +2 more
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A stochastic estimated version of the Italian dynamic General Equilibrium Model (IGEM) [PDF]
, 2018 We estimate with Bayesian techniques the Italian dynamic General Equilibrium Model (IGEM), which has been developed at the Italian Treasury Department, Ministry of Economy and Finance, to assess the effects of alter-native policy interventions.
Acocella, Nicola +7 more
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The Fundamental Theorems of Welfare Economics, DSGE and the Theory of Policy - Computable & Constructive Foundations [PDF]
The genesis and the path towards what has come to be called the DSGE model is traced, from its origins in the Arrow-Debreu General Equilibrium model (ADGE), via Scarf's Computable General Equilibrium model (CGE) and its applied version as Applied ...
K. Vela Velupillai
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Identifying Sources of Business Cycle Fluctuations in Germany 1975–1998 [PDF]
In this paper, we estimate a small New Keynesian dynamic stochastic general equilibrium (DSGE) model for Germany for the period from 1975 to 1998 and use it to identify the structural shocks, which have driven the business cycle.
Oliver Holtemöller, Torsten Schmidt
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A DSGE Model for the Slovenian Economy: Model Estimates and Application
Economic and Business Review, 2019 The paper presents the estimation of a dynamic stochastic general equilibrium (DSGE) model for the Slovenian economy and its applications. The model, which is built in the tradition of New Keynesian models, closely follows the structure of the model ...
Andrej Kuštrin
doaj +1 more source
Country portfolios in open economy macro models [PDF]
This paper develops a simple approximation method for computing equilibrium portfolios in dynamic general equilibrium open economy macro models. The method is widely applicable, simple to implement, and gives analytical solutions for equilibrium ...
Alan Sutherland, Michael B. Devereux
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The Impact of Fiscal Dominance on Inflation Rate in Iran Using a Dynamic Stochastic General Equilibrium Model [PDF]
پژوهشهای اقتصادی, 2014 In this paper, we design a Dynamic Stochastic General Equilibrium (DSGE) model to investigate effects of fiscal dominance on inflation rate in Iran and solve it by calibration method. In order to getting reliable results, the second-order moments of main
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doaj
Monetary Policy Analysis in a Small Open Economy: A Dynamic Stochastic General Equilibrium Approach [PDF]
This paper develops and estimates a dynamic stochastic general equilibrium model of a small open economy which approximately accounts for the empirical evidence concerning the monetary transmission mechanism, as summarized by impulse response functions ...
Vitek, Francis
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