Results 21 to 30 of about 18,040 (302)
Papeles, 2019 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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Problems in Developing a Comprehensive Toolkit for Macro-economic, Inter-regional, Inter-sectoral Analysis and Forecasting [PDF]
Экономика региона, 2020 The study reviews approaches to macro-economic and macro-territorial modelling presented in international and Russian economic publications. We focus on opportunities to improve forecasting the development of economic system in Russia ...
Valery A. Kryukov +4 more
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Вестник Пермского университета: Серия Экономика, 2019 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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On the Low Degree of Entropy Implied by the Solutions of Modern Macroeconomic Models
Entropy, 2022 The non-causal (“forward-looking”) solution used routinely in academic macroeconomics may represent a violation of a law of entropy, namely that the direction of time is one way (from the past and towards the present), and that the variance of economic ...
Ragnar Nymoen
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Simulation-based estimation of dynamic models with continuous equilibrium solutions [PDF]
, 2003 This paper presents several results on consistency properties of simulation-based estimators for a general class of dynamic models with continuous laws of motion.
Manuel S. Santos +2 more
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Dynamic Stochastic General Equilibrium model for the Islamic economy [PDF]
Investment Management and Financial Innovations, 2018 This article is concerned with the debate around the economic knowledge evolution and the role of ethics in economy. It reports on the 2008 crisis, the research literature reveals two main problems: the efficiency of the economic modeling and the failure of the ethical system.The authors explore the use of the new Dynamic Stochastic General Equilibrium
Khawla Dahani, Rajae Aboulaich
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Economies, 2022 Dynamic Stochastic General Equilibrium (DSGE) models are widely used as a tool for policy decision-making. These models lost their fame when they could not predict the crisis in 2008 and could not address policy problems afterward.
Ayesha Zehra, Amena Urooj
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Analysing Social Epidemics by Delayed Stochastic Models
Discrete Dynamics in Nature and Society, 2012 We investigate the dynamics of a delayed stochastic mathematical model to understand the evolution of the alcohol consumption in Spain. Sufficient condition for stability in probability of the equilibrium point of the dynamic model with aftereffect and ...
Francisco-José Santonja +1 more
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Assessing Brazilian macroeconomic dynamics using a Markov-switching DSGE model
EconomiA, 2016 The goal of this paper is to evaluate the behavior of the main parameters of the Brazilian economy through the estimation of an open-economy dynamic stochastic general equilibrium (DSGE) model using Bayesian methods and allowing for Markov switching of ...
Caio César Soares Gonçalves +2 more
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A Comparison of the Macroeconomic Effects of Increased Defence Spending in Poland and Germany
Comparative Economic Research, 2023 The aim of the article is to quantify and compare the macroeconomic effects of defence spending in the Polish and German economies. Estimating these effects is of particular importance in the context of the substantial increase in defence expenditures in
Piotr Krajewski, Katarzyna Piłat
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