Results 251 to 260 of about 19,641,006 (303)

Bank Capital Regulation in Dynamic Stochastic General Equilibrium Models

open access: yesBank Capital Regulation in Dynamic Stochastic General Equilibrium Models
openaire   +1 more source

Dynamic Identification of Dynamic Stochastic General Equilibrium Models

Econometrica, 2011
This 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
exaly   +2 more sources

Money Policy in Dynamic Stochastic General Equilibrium Models

2009 International Asia Conference on Informatics in Control, Automation and Robotics, 2009
Abstract:  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
exaly   +2 more sources

Dynamic Stochastic General Equilibrium Models

open access: yes, 2018
Dynamic Stochastic General Equilibrium (DSGE) models have become popular in macroeconomics, but the combination of nonlinear microeconomic behavior of the agents and model-consistent expectations raise intricate computational issues; this chapter reviews solution methods and estimation of DSGE models.
Michel Juillard
openaire   +2 more sources

Dynamic Stochastic General Equilibrium Models as a Tool for Policy Analysis

CESifo Economic Studies, 2006
This article discusses the evolution of dynamic macroeconomic models from calibrated Real Business Cycle models to estimated dynamic stochastic general equilibrium models. The purpose is to suggest the usefulness of these models as a tool for policy analysis, with a particular emphasis on aspects of monetary policy.
Giovanni Lombardo, Leopold von Thadden
exaly   +2 more sources

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