Results 51 to 60 of about 225,274 (228)

An Estimated Stochastic Dynamic General Equilibrium Model of the Euro Area [PDF]

SSRN Electronic Journal, 2002
This paper develops and estimates a stochastic dynamic general equilibrium (SDGE) 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.
Smets, Frank, Wouters, Raf
openaire   +2 more sources

Transport of Single Molecules Along the Periodic Parallel Lattices with Coupling

, 2005
General discrete one-dimensional stochastic models to describe the transport of single molecules along coupled parallel lattices with period $N$ are developed.
Anatoly B. Kolomeisky, Bray D., Evgeny B. Stukalin, Howard J.   +3 more
core   +1 more source

Evaluating the welfare aspects of the simple monetary ruls for Iran [PDF]

Ekonomski Anali, 2015
This paper following a monetary growth rate rule aims to compare the properties of different monetary policy rules in Iran. In that regards, the paper draws on the New Keynesian Dynamic Stochastic General Equilibrium (DSGE) models.
Khyareh Mohsen Mohammadi, Omran Vahid Taghinejad, Ehsani Mohammad Ali   +2 more
doaj   +1 more source

The Role of Macroeconomic Policies in the Financial Stability of Iran’s Economy [PDF]

فصلنامه پژوهش‌های اقتصادی ایران, 2018
The aim of this study is to investigate the role of macroeconomic policies in the financial stability of Iran’s economy. Based on Dynamic Stochastic General Equilibrium models, a model capable of tracing interactions between the real and the financial ...
Mehdi Hadian, Hassan Dargahi
doaj   +1 more source

Non-uniqueness of deep parameters and shocks in estimated DSGE models: a health warning [PDF]

, 2012
Estimation of dynamic stochastic general equilibrium (DSGE)models using state space methods implies vector autoregressive moving average (VARMA)representations of the observables.
Wright, Stephen
core   +1 more source

A Predictive Likelihood Approach to Bayesian Averaging

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2015
Multivariate time series forecasting is applied in a wide range of economic activities related to regional competitiveness and is the basis of almost all macroeconomic analysis.
Tomáš Jeřábek, Radka Šperková
doaj   +1 more source

Bayesian estimation of a dynamic stochastic general equilibrium model with asset prices

, 2016
This paper presents a novel Bayesian method for estimating dynamic stochastic general equilibrium (DSGE) models subject to a constrained posterior distribution for the implied Sharpe ratio. We apply our methodology to a DSGE model with habit formation in
M. Kliem, H. Uhlig
semanticscholar   +1 more source

James Tobin on Overlapping Generations Models and the Microeconomic Foundations of Macroeconomics Reconsidered

Œconomia
The American Keynesian economist and Nobel laureate James Tobin entitled his contribution to the inaugural issue of Journal of Money, Credit and Banking “A General Equilibrium Approach to Monetary Theory” (1969) yet he was sharply critical of the version
Robert W. Dimand
doaj   +1 more source

Exploring macroeconomic models in the water, energy, food, and ecosystem (WEFE) field: a comprehensive review

Environmental Research Letters
This study conducts a comprehensive review of macroeconomic models within the Water, Energy, Food, and Ecosystem (WEFE) nexus, considering four different approaches: computable general equilibrium (CGE) models, integrated assessment models (IAMs), agent ...
Chiara Castelli, Marta Castellini, Camilla Gusperti, Ilenia Gaia Romani, Emanuele Ciola, Sergio Vergalli   +5 more
doaj   +1 more source

Production Technologies in Stochastic Continuous Time Models [PDF]

Properties of dynamic stochastic general equilibrium models can be revealed by either using numerical solutions or qualitative analysis. Very precise and intuition-building results are obtained by working with models which provide closed-form solutions ...
Klaus Wälde
core