Showing 1 - 10 of 939
Persistent link: https://www.econbiz.de/10000129632
Persistent link: https://www.econbiz.de/10001687919
This paper studies financial market disturbances as sources of investment fluctuations in Finland during 1995–2008. We construct a DSGE model of the Finnish economy that incorporates two domestic financial market shocks and financial frictions in the form of a BGG financial accelerator. We...
Persistent link: https://www.econbiz.de/10014197084
Persistent link: https://www.econbiz.de/10003926113
Persistent link: https://www.econbiz.de/10003951910
Persistent link: https://www.econbiz.de/10009678319
Persistent link: https://www.econbiz.de/10010387440
Persistent link: https://www.econbiz.de/10011524317
This paper presents Aino 2.0 – the dynamic stochastic general equilibrium (DSGE) model currently used at the Bank of Finland for forecasting and policy analysis. The paper provides a detailed theoretical description of the model, its estimation and how it can be used to interpret the evolution...
Persistent link: https://www.econbiz.de/10012855432
Persistent link: https://www.econbiz.de/10012416026