This paper develops a small open economy (SOE) dynamic stochastic general equilibrium (DSGE) model that helps to …, monetary policy, credit, primary commodity) shocks facing an emerging economy. We estimate the model with Bayesian methods …

This paper develops a small open economy (SOE) dynamic stochastic general equilibrium (DSGE) model that helps to …, monetary policy, credit, primary commodity) shocks facing an emerging economy. We estimate the model with Bayesian methods …

oil and foreign inputs in production. The model is estimated using Bayesian econometric techniques on Belgian, euro area …

This study describes a compact dynamic stochastic general equilibrium (DSGE) model fitted for the Swiss economy with … Bayesian techniques. The model features two economies (small home economy, large foreign economy), five types of agents … impulse responses and variance decompositions, a DSGE-VAR to assess misspecifications, and results of forecasting experiments …

-economy dynamic stochastic general equilibrium (DSGE) models to generate substantial cross-country spillovers; see e.g. the seminal … paper of Justiniano and Preston (2010). We present a two-region DSGE model that better captures the dependence on global …