Dynamic Stochastic General Equilibrium (DSGE)
An Estimated Dynamic Stochastic General Equilibrium Model of the Japanese Economy: A Bayesian Analysis
... a dynamic stochastic general equilibrium (DSGE) model for the Japanese economy over 1970:Q1 through 1998:Q4, which is prior to the period of zero interest rate ...New-Keynesian ...
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A small open economy model for Nigeria: a BVAR DSGE approach
... the dynamic stochastic general equilibrium (DSGE) model and derives from the first principle by explicitly modelling the household and firm behaviour as well as the monetary authority’s ...
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Measuring the Stance of Monetary Policy in a Closed Economy: A Dynamic Stochastic General Equilibrium Approach
... a dynamic stochastic general equilibrium model of a closed economy which provides a quantitative description of the monetary transmission mechanism, yields a mutually consistent set of ...
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Monetary Policy Analysis in a Small Open Economy: A Dynamic Stochastic General Equilibrium Approach
... a dynamic stochastic general equilibrium model of a small open economy which approximately accounts for the empirical evidence concerning the monetary transmission mechanism, as summarized by ...
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Measuring the Stance of Monetary Policy in a Small Open Economy: A Dynamic Stochastic General Equilibrium Approach
... a dynamic stochastic general equilibrium model of a small open economy which provides a quantitative description of the monetary transmission mechanism, yields a mutually consistent set of ...
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Monetary Policy Analysis in a Closed Economy: A Dynamic Stochastic General Equilibrium Approach
... a dynamic stochastic general equilibrium model of a closed economy which approximately accounts for the empirical evidence concerning the monetary transmission mechanism, as summarized by ...
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Fiscal and Monetary Policy Interactions in Pakistan Using a Dynamic Stochastic General Equilibrium Framework
... a dynamic stochastic general equilibrium model focusing a greater role for the fiscal ...modified DSGE model according to the prevailing situation in their respective ...that ...
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Bayesian Estimation of Dynamic Stochastic General Equilibrium Model Using UK Data
... This paper applies the Bayesian method to estimate a Dynamic Stochastic General Equilibrium (DSGE) model using quarterly data for the UK over the period from 1971:Q1 through 2009:Q2. ...
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A bayesian estimation of the economic effects of the Common Fisheries Policy on the Galician Fleet: a dynamic stochastic general equilibrium approach
... the DSGE approach presented here is that once the model is estimated, counterfactual situations can be ...why DSGE models, with special emphasis on Bayesian methods, have become the main tool for policy ...
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Effect of Confidence Shock on an Economy with a Shadow Banking System: Analysis Based on Dynamic Stochastic General Equilibrium Model
... Dynamic general equilibrium framework is widely used in the study of credit intermediaries and financial instability, which are closely related to the study of shadow ...
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An estimated dynamic stochastic general equilibrium model of the euro area. NBB Working Paper Nr. 35
... the stochastic processes governing the structural shocks using seven key macro- economic time series in the euro area: real GDP, consumption, investment, the GDP deflator, the real wage, employment and the nominal ...
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Post Keynesian dynamic stochastic general equilibrium theory
... But although capitalist market economies are a great deal better at allocating resources than soviet social planning; they are not perfect. Sometimes, markets go very badly wrong. Nobody would argue that twenty-five ...
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Microfoundations of Inflation Persistence in the New Keynesian Phillips Curve
... a dynamic stochastic general equilibrium (DSGE) model, and relates current inflation to inflation ex- pectations, lagged inflation, and real marginal cost or output ...the ...
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Technological shocks mechanism on Macroeconomic Variables: A Dynamic Stochastic General Equilibrium (DSGE) approach
... The simulations showed a temporary shrinkage in the final goods sectors, which resulted from the reallocation of labour between the final and intermediate goods sectors. As such, this contraction is an ...
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Robust Permanent Income in General Equilibrium
... U.S. equilibrium real interest rate (Hamilton et ...this equilibrium real interest rate is also called the natural rate of interest or the neutral rate of interest, which simply refers to the ...
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Inflation targeting in China based on a dynamic stochastic general equilibrium model
... parameters’ general distribution and economic implications, we use the beta distribution for parameters that take sensible values between zero and one, the gamma distribution for coefficients restricted to be ...
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Psychohistory Paradox and Introduction to Quantum Social Science
... To summarize, FEOE is compatible with many existing economic theories like option pricing theory and national accounting system. FEOE elevates these compatible theories to be permanent features of quantum economics. In ...
22
Unemployment and Inheritance Linkage: A Dynamic General Equilibrium Analysis
... long-run equilibrium also it actually takes non-unitary ...the stochastic nature of the model under discussion, no 𝑋 𝑡+2 can remain infinitely on the same inheritance path on which 𝑋 𝑡 ...this ...
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A Dynamic General Equilibrium Analysis of Korean Immigration Policy
... a DSGE model of a trading economy and considered the effects of six different policies which bring the percentage of the population that is foreign to roughly the same levels as are observed in Germany or the ...
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The Economic Reunification of Korea: A Dynamic General Equilibrium Model
... This paper focuses on the likely consequences of the reunification of the two Koreas. We are interested in several questions. There is little doubt that North Korea will benefit from almost any change in economic policy. ...
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