Showing 1 - 10 of 64,147
Persistent link: https://www.econbiz.de/10012172780
Persistent link: https://www.econbiz.de/10012139824
This chapter provides an overview of solution and estimation techniques for dynamic stochastic general equilibrium models. We cover the foundations of numerical approximation techniques as well as statistical inference and survey the latest developments in the field.
Persistent link: https://www.econbiz.de/10014024288
In this paper a multivariate dynamic conditional correlation (DCC) general autoregressive conditional heteroskedasticity (GARCH) framework is employed to study dynamics of sectoral comovement across manufacturing sectors both in Germany and in the United States. Asymmetric effects both in...
Persistent link: https://www.econbiz.de/10011405571
Understanding differences in business cycle phenomena between Emerging Market Economies (EMEs) and industrialized countries has been at the center of recent research on macroeconomic fluctuations. The purpose of this paper is to investigate the importance of certain credit market imperfections...
Persistent link: https://www.econbiz.de/10010402774
Persistent link: https://www.econbiz.de/10012403908
Persistent link: https://www.econbiz.de/10014292209
Persistent link: https://www.econbiz.de/10013206810
Central banks often face tradeoffs in how their monetary policy decisions impact economic activity (including employment), inflation and the price level. This paper assesses how these tradeoffs have evolved over time and varied across countries, with a focus on understanding the post-pandemic...
Persistent link: https://www.econbiz.de/10015409857
Persistent link: https://www.econbiz.de/10014460576