Results 41 to 50 of about 225,274 (228)
Dual Labor Market in a Dynamic Stochastic General Equilibrium Model of Iran [PDF]
پژوهشهای اقتصادی, 2014 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
doaj
New directions in stabilisation policies
PSL Quarterly Review, 2012 Recently, a new class of macroeconomic business cycle models has emerged. Stochastic dynamic general equilibrium models with rational expectations originally employed by RBC researchers are combined with nominal rigidities and imperfect competition ...
Ralf Fendel
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The Euler equation with habits and measurement errors: Estimates on Russian micro data [PDF]
Panoeconomicus, 2016 This paper presents estimates of the consumption Euler equation for Russia. The estimation is based on micro-level panel data and accounts for the heterogeneity of agents’ preferences and measurement errors. The presence of multiplicative habits
Khvostova Irina +2 more
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Public investment in defense and technological progress: a DSGE model
Papeles de Europa, 2017 This paper argues the importance of investment in defense, as part of public investment in enhancing the industrial and technological base of the country as well as in the development of innovative productive sectors.
José Lorenzo Jiménez, Antonio Fonfría
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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
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Balanced Growth Approach to Tracking Recessions
Econometrics, 2020 In this paper, we propose a hybrid version of Dynamic Stochastic General Equilibrium models with an emphasis on parameter invariance and tracking performance at times of rapid changes (recessions).
Marta Boczoń, Jean-François Richard
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Efficient likelihood evaluation of state-space representations [PDF]
We develop a numerical procedure that facilitates efficient likelihood evaluation in applications involving non-linear and non-Gaussian state-space models. The procedure approximates necessary integrals using continuous approximations of target densities.
DeJong, David Neil +4 more
core +3 more sources
, 2018 Large body of empirical literature points to the tight integration of financial and credit markets with real economic activity as well as the need for inclusion of financial frictions into macroeconomic modelling.
Irena Palić
semanticscholar +1 more source
An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area [PDF]
Journal of the European Economic Association, 2002 This paper develops and estimates a dynamic stochastic general equilibrium (DSGE) model with sticky prices and wages for the euro area. The model incorporates various other features such as habit formation, costs of adjustment in capital accumulation and variable capacity utilisation.
Frank Smets, Raf Wouters
openaire +3 more sources
Investigating the Effects of Banking Resources Shock on Consumption and Investment in IRAN, by DSGE Approach [PDF]
مدلسازی اقتصادسنجی, 2018 In the banking system, withdrawal deposit and decrease resources can cause shock in liquidity. On the other side, Bank-centered financial system in IRAN will affect on household consumption decisions and production and investment decisions of ...
Mohammad Reza Lotfalipour +2 more
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