Dynamic general equilibrium models
Banks as Better Monitors and Firms' Financing Choices in Dynamic General Equilibrium
... Most dynamic general equilibrium models with …nancial frictions ignore the distinction between bank loans and market ...debt[6][2]. Models that ex- amine the e¤ect of frictions between ...
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Vol 9, No 4 (2018)
... macroeconomic equilibrium and it consider various sectors such as households and individuals with different capital abilities incomes, and roles in society, various fields, and mix social ...riche models. ...
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Essays in Estimation of Dynamic Stochastic General Equilibrium Models
... and Dynamic Factor Models”: In addition to a data- rich DSGE model with a standard New Keynesian core, we consider an unrestricted dynamic factor model and estimate both on a rich panel of ...a ...
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Essays in applied public economics using computable general equilibrium models
... The analysis of malaria and its link with economic growth using econometric ap- proaches has, so far, been too broad and not particularly useful for policy analysis. To fill the gap, we developed a recursively ...
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MMRF-GREEN: A Dynamic Multi-Regional Applied General Equilibrium Model of the Australian Economy, Based on the MMR and MONASH Models
... This report describes MMRF - GREEN , a multi-regional Computable General Equilibrium ( CGE ) model of Australia’s regional economies. MMRF - GREEN is based on the Monash Multi-Regional ( MMR ) model. 1 MMR ...
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Methodology Does Matter: About Implicit Assumptions in Applied Formal Modelling The case of Dynamic Stochastic General Equilibrium Models vs Agent Based Models
... machine models that work in a different way than the Turing machine, ...ACE models: Both represent Turing-complete systems and are computationally ...
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Credit limits and heterogeneity in general equilibrium models with a finite number of agents
... growth equilibrium to study the role of collateral constraint in determining ...a dynamic stochastic general equilibrium with a representative household and heterogeneous firms facing a ...
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PARALLEL ALGORITHM FOR CALCULATING GENERAL EQUILIBRIUM IN MULTIREGION ECONOMIC GROWTH MODELS
... Abstract: We develop and analyze a parallel algorithm for computing a solution in a multiregion dynamic general equilibrium model. The algorithm is based on an iterative method of the Gauss – Seidel ...
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A Study on Dynamic General Equilibrium under the Classical Growth Framework
... For dynamic economic models, equilibrium is usually defined as a special kind of paths, ...economic models different conditions are utilized to define equilibrium, and the equilibria ...
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A Dynamic General Equilibrium Model Satisfying Golden Rule in Neoclassical Growth Theory
... This paper constructs a model which is more close to the reality to describe individual saving behavior accurately and explain the long-term growth of economy. The model constructed in this paper is the improvement and ...
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Bayesian Estimation of Dynamic Stochastic General Equilibrium Model Using UK Data
... various models using this technique, Smets and Wouters (2003, 2007) (hereafter SW) have applied Bayesian estimation techniques to a model of the Euro zone and the ...of models based on posterior ...
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Education and Economic Growth in Slovenia: A Dynamic General Equilibrium Approach with Endogenous Growth
... into general equilibrium modelling, which has led to a good deal of ...the models are typically very sensitive to their microeconomic ...of general equilibrium ...a dynamic ...
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Measuring the size of the shadow economy using a dynamic general equilibrium model with trends
... a dynamic deterministic general equilibrium ...DGE models as well, nearly all of them disregard the trend component found in most eco- nomic time ...of equilibrium restrictions over the ...
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Measuring the size of the shadow economy using a dynamic general equilibrium model with trends
... econometric models to back out the size of the shadow ...of models is that the shadow economy does not have a single cause and does not exhibit a single effect when it operates over ...
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A dynamic general equilibrium model for tax policy analysis in Colombia
... a dynamic general equilibrium model for Colombia based on national accounts from ...computable models within the Colombian Ministry of Finance and Depart- ment of National ...the ...
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Inflation targeting in China based on a dynamic stochastic general equilibrium model
... equation. General in DSGE models often including government departments (the central Banks, financial department) of behavioral ...of general equilibrium ...
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Post Keynesian dynamic stochastic general equilibrium theory
... generations models can lead to volatile fluctuations in asset markets that have nothing to do with ...temporary equilibrium theory while rejecting the first welfare ...
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Economic Reform in North Korea: A Dynamic General Equilibrium Model
... The downward spiral of the North Korean economy will not be easy to remedy. Our baseline, which models the status quo for the North Korean economy, predicts a very grim future. If current economic policies are ...
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Estimating the size of rural labour surplus in China: a dynamic general equilibrium analysis
... a dynamic general equilibrium model of the Chinese economy, we present our estimates of the size of the rural labour surplus from 1997-2005 and forecast its size from ...
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Epistasis of Quantitative Trait Loci Under Different Gene Action Models
... two models are based example, for genotype AA at locus A, the difference on different reference populations, they have different between observed and expected genotypic frequencies population means and genetic ...
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