Dynamic Stochastic General Equilibrium Model (DSGE).
Reconnoitering the effective Channels of Monetary Transmission Mechanism in Iran Using a Dynamic Stochastic General Equilibrium Model
... Keynesian Dynamic Stochastic General Equilibrium ...our model, the different types of nominal rigidities are introduced beside all the related structural equations, which are extracted ...
25
Inflation targeting in China based on a dynamic stochastic general equilibrium model
... DSGE model, we construct a dynamic stochastic general equilibrium model to analyze the policy effect of these two kind of inflation targeting based on Impulse response function ...
6
Bolivia’s fiscal rules: dynamic stochastic general equilibrium model approach
... Bolivia’s fiscal rules: dynamic stochastic general equilibrium model approach Daney, Valdivia and Marcelo, Montenegro.[r] ...
31
An Estimated Dynamic Stochastic General Equilibrium Model of the Japanese Economy: A Bayesian Analysis
... DSGE model described in Section 2, the data is limited over the period 1970:Q2 - 1998:Q4, because of exclud- ing the period of zero interest rate bound from 1999:Q1, in which the law of equilibrium motions ...
71
The Effect of Oil Shocks on Foreign Trade under Inflation and Exchange Rate Targeting Policies (In the Form of a Dynamic Stochastic General Equilibrium Model for Iran)
... Keynesian dynamic stochastic general equilibrium (DSGE) model for Iran using Bayesian method under the assumption that these policies will have an important role in absorbing negative ...
10
Sentiment Shock and Stock Price Bubbles in a Dynamic Stochastic General Equilibrium Model Framework: The Case of Iran
... DSGE model for Iran's economy and to simulate macroeconomic variables and stock price ...conceptual model of this study is presented in Figure 2. In this model, households provide firms’ labor, ...
36
An estimated dynamic stochastic general equilibrium model of the euro area. NBB Working Paper Nr. 35
... Graphs 20 and 21 plot the historical estimate of the potential output level and the associated real interest rate and the corresponding gaps together with the 5 and 95 percentiles (lower panel). 42 A number of ...
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Bayesian Estimation of Dynamic Stochastic General Equilibrium Model Using UK Data
... (DSGE) model has been firstly done by DeJong et ...a model of the Euro zone and the ...(DSGE) model is almost as good at explaining the actual economy as ...macro model focussing on issues of ...
26
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 ...
16
The Effect of Exchange Rate, Oil Prices and Global Inflation Shocks on Macroeconomic Variables for the Iranian Economy in the form of a DSGE Model
... the dynamic effects of three external shocks (global oil price shock, euro / dollar exchange rate shock and global inflation shock) as well as to investigate the appropriate monetary policy strategy for the ...
27
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 ...based model very effective for assessing outcomes of different economic ...DSGE ...
31
Monetary Policy Analysis in a Small Open Economy: A Dynamic Stochastic General Equilibrium Approach
... DSGE model of a small open economy which approximately accounts for the empirical evidence concerning the monetary transmission mechanism, as summarized by impulse response functions derived from an estimated ...
87
Measuring the Stance of Monetary Policy in a Small Open Economy: A Dynamic Stochastic General Equilibrium Approach
... DSGE model of a small open economy by Bayesian full information maximum likelihood, conditional on prior information concerning the values of parameters and trend components, is found to yield reasonably accurate ...
99
A small open economy model for Nigeria: a BVAR DSGE approach
... (SOE) model. Galí and Monacelli’s (2005) SOE model or its simplification by Lubik and Schorfheide (2005) has become standard and vastly used in the ...This model is a variant of the dynamic ...
25
The unfortunate uselessness of most ’state of the art’ academic monetary economics
... engineering-type dynamic processes where the past drives the present and the future, but also in part by past and present anticipations of the ...a model, and shock it with additive random disturbances, an ...
6
Measuring the Stance of Monetary Policy in a Closed Economy: A Dynamic Stochastic General Equilibrium Approach
... common stochastic trends include those of Altig, Christiano, Eichenbaum and Linde (2005) and An and Schorfheide ...or stochastic trends empirically inadequate representations of low frequency variation in ...
69
The Effects of Monetary Policy on Output and Inflation in Afghanistan: A Dynamic Stochastic General Equilibrium Approach
... The DSGE model used in this paper is taken from the new Keynesian theoretical foundations. It has been addressed to the role of households, firms, the monetary policy of Da Afghanistan Bank, as well as aids of ...
34
Monetary Policy Analysis in a Closed Economy: A Dynamic Stochastic General Equilibrium Approach
... DSGE model of a closed economy which approximately accounts for the empirical evidence concerning the monetary transmission mechanism, as summarized by impulse response functions derived from an estimated ...
61
Monetary Policies and Nigerian Economy:Simulations from Dynamic Stochastic General Equilibrium(DSGE)Model
... n general, t he m odel was designed t o ensure t he evolut ion of a financial landscape t hat would be capable of providing t he plat form for sust ainable econom ic growt h and developm ent ...
23
A bayesian estimation of the economic effects of the Common Fisheries Policy on the Galician Fleet: a dynamic stochastic general equilibrium approach
... From a policy viewpoint, the main advantage of the DSGE approach presented here is that once the model is estimated, counterfactual situations can be simulated. This enables the policy shocks to be isolated from ...
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