for the propagation of news shocks. A DSGE model enriched with a financial sector generates very similar quantitative …

We develop a stylized DSGE model in which banks face capital regulation and their loan portfolios are subject to non …

surveys. To explain the joint evolution of realized variables and expectations, we adopt a DSGE-VAR approach, which allows us … to estimate all models in the continuum between the extremes of an unrestricted VAR, on one side, and a DSGE model in … which the cross-equation restrictions are dogmatically imposed, on the other side. Moreover, the DSGE-VAR approach allows us …

One of the leading methods of estimating the structural parameters of DSGE models is the VAR-based impulse response … sheds new light on the choice of the weighting matrix and covers both weakly and strongly identified DSGE model parameters …

household sector and the housing stock in a two-region DSGE model with out of sync subnational housing markets and compare four …

stochastic general equilibrium (DSGE) model tailored to New Zealand. We find that the main historical drivers of house prices are …

evidence with an estimated DSGE framework featuring a concept of uncertainty comparable to that in our VAR. We then use the …

Using a two-sector estimated DSGE model with a financial channel we show the sector where TFP news arrives matters for …