This paper argues that the DSGE approach to macroeconometrics is the dominant approach because it meets the …. It further argues that this 'DSGE theory-first' approach is inconsistent with the historical approach that economists …

This paper presents an experiment that evaluates the effect of financial incentives and complexity in political science … complexity promotes the highest degree of level-k strategic reasoning in every payment treatment. Standard financial incentives … voting experiments. To evaluate the effect of complexity we adopt a level-k reasoning model concept. This model by Nagel [1 …

data. The cointegrated VAR (CVAR) offers a way of doing so. In this paper we outline a method for translating the … assumptions underlying a DSGE model into a set of testable assumptions on a cointegrated VAR model and illustrate the ideas with … assumptions underlying the DSGE model and, hence, the RBC model are rejected when properly tested. Leaving the RBC model aside, we …

intermediary sector with a balance sheet into dynamic stochastic general equilibrium (DSGE) model, our model endogenously …

of alternative monetary policy rules to Turkish economy by means of a DSGE model that is subject to demand and technology …

A New Keynesian DSGE model with non-Ricardian households is estimated for the Portuguese economy and the stability of …

In this paper, we derive a small textbook New Keynesian DSGE model to evaluate Polish and Romanian business cycles …