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DSGE model-based forecasting of modelled and nonmodelled inflation variables in South Africa

Gupta, Rangan; Kanda, Patrick T.; Modise, Mampho P.; … - In: Applied economics 47 (2015) 1/3, pp. 207-221

Persistent link: https://www.econbiz.de/10010463937

Solutions-driven specification of DSGE models

Blasques, Francisco - 2013

Persistent link: https://www.econbiz.de/10010191405

Estimation and Evaluation of DSGE Models : Progress and Challenges

Schorfheide, Frank - 2011

Estimated dynamic stochastic equilibrium (DSGE) models are now widely used for empirical research in macroeconomics as well as for quantitative policy analysis and forecasting at central banks around the world. This paper reviews recent advances in the estimation and evaluation of DSGE models,...

Persistent link: https://www.econbiz.de/10012461876

Fiscal policy within the DSGE-VAR framework

Babeckij, Jan; Franta, Michal; Ryšánek, Jakub - In: Economic modelling 75 (2018), pp. 23-37

Persistent link: https://www.econbiz.de/10012101364

DSGE models with observation-driven time-varying parameters

Angelini, Giovanni; Gorgi, Paolo - 2018

This paper proposes a novel approach to introduce time-variation in structural parameters of DSGE models. Structural parameters are allowed to evolve over time via an observation-driven updating equation. The estimation of the resulting DSGE model can be easily performed by maximum likelihood...

Persistent link: https://www.econbiz.de/10011813395

Forecasting with DSGE models : what frictions are important?

Nalban, Valeriu - In: Economic modelling 68 (2018), pp. 190-204

Persistent link: https://www.econbiz.de/10011934622

On DSGE Models

Christiano, Lawrence J. - 2018

The outcome of any important macroeconomic policy change is the net effect of forces operating on different parts of the economy. A central challenge facing policy makers is how to assess the relative strength of those forces. Dynamic Stochastic General Equilibrium (DSGE) models are the leading...

Persistent link: https://www.econbiz.de/10012452910

Solving and Estimating Indeterminate DSGE Models

Farmer, Roger E.A. - 2013

We propose a method for solving and estimating linear rational expectations models that exhibit indeterminacy and we provide step-by-step guidelines for implementing this method in the Matlab-based packages Dynare and Gensys. Our method redefines a subset of expectational errors as new...

Persistent link: https://www.econbiz.de/10012459205

Price-setting heterogeneity and robust monetary policy in a two-sector DSGE model of a small open economy

Górajski, Mariusz; Kuchta, Zbigniew; … - In: Economic modelling 122 (2023), pp. 1-20

Persistent link: https://www.econbiz.de/10014388635

Information Aggregation in a DSGE Model

Hassan, Tarek A. - 2014

We introduce the information microstructure of a canonical noisy rational expectations model (Hellwig, 1980) into the … equilibrium, the stock price serves to aggregate and transmit this information. We find that dispersed information about future … shocks limit the stock market's capacity to aggregate information, households hold heterogeneous expectations in equilibrium …

Persistent link: https://www.econbiz.de/10012458471