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 …

There has been a call for caution when using the conventional method for Bayesian inference in setidentified structural …

This paper examines in how far the DSGE model which is often dubbed the New Keynesian Consensus is compatibel with a … Post-Keynesian or traditional Keynesian understanding of the economy. It is argued that while at first sight DSGE models …Das Papier untersucht, inwieweit moderne Ansätze aus der Klasse der DSGE-Modelle (Dynamic Stochastic General …

purpose, we incorporate in an otherwise standard two-region monetary union DSGE model a banking sector module along the lines …