The use of DSGE models in economic analysis and research
In this paper I examined the use of DSGE models in economic analysis and research. First of all, I presented two models of DSGE models, and I showed their characteristics in some sectors. Also, I showed the consequences to real GDP and business cycle due to Great Recession. Moreover, I showed the fe...
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2022
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| Online Access: | https://hdl.handle.net/10889/23467 |
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nemertes-10889-234672022-10-20T03:34:00Z The use of DSGE models in economic analysis and research Η χρήση των μοντέλων DSGE στην οικονομική ανάλυση και έρευνα Σταμπέλος, Ιωάννης Stampelos, Ioannis DSGE models Real GDP Bussiness cycle Calibration Μοντέλα DSGE Επιχειρηματικός κύκλος In this paper I examined the use of DSGE models in economic analysis and research. First of all, I presented two models of DSGE models, and I showed their characteristics in some sectors. Also, I showed the consequences to real GDP and business cycle due to Great Recession. Moreover, I showed the features of calibration and then I presented an example of calibration with Greek data. Furthermore, I checked the relationship of DSGE models with VAR models and I examined the impulse of DSGE models in Euro area and in monetary policy committee. Lastly, I outlined the basic disadvantages of DSGE models and the possible solutions in order to make them better. 2022-10-19T12:54:16Z 2022-10-19T12:54:16Z 2022-09-27 https://hdl.handle.net/10889/23467 en application/pdf |
| institution |
UPatras |
| collection |
Nemertes |
| language |
English |
| topic |
DSGE models Real GDP Bussiness cycle Calibration Μοντέλα DSGE Επιχειρηματικός κύκλος |
| spellingShingle |
DSGE models Real GDP Bussiness cycle Calibration Μοντέλα DSGE Επιχειρηματικός κύκλος Σταμπέλος, Ιωάννης The use of DSGE models in economic analysis and research |
| description |
In this paper I examined the use of DSGE models in economic analysis and research. First of
all, I presented two models of DSGE models, and I showed their characteristics in some
sectors. Also, I showed the consequences to real GDP and business cycle due to Great
Recession. Moreover, I showed the features of calibration and then I presented an example
of calibration with Greek data. Furthermore, I checked the relationship of DSGE models with
VAR models and I examined the impulse of DSGE models in Euro area and in monetary policy
committee. Lastly, I outlined the basic disadvantages of DSGE models and the possible
solutions in order to make them better. |
| author2 |
Stampelos, Ioannis |
| author_facet |
Stampelos, Ioannis Σταμπέλος, Ιωάννης |
| author |
Σταμπέλος, Ιωάννης |
| author_sort |
Σταμπέλος, Ιωάννης |
| title |
The use of DSGE models in economic analysis and research |
| title_short |
The use of DSGE models in economic analysis and research |
| title_full |
The use of DSGE models in economic analysis and research |
| title_fullStr |
The use of DSGE models in economic analysis and research |
| title_full_unstemmed |
The use of DSGE models in economic analysis and research |
| title_sort |
use of dsge models in economic analysis and research |
| publishDate |
2022 |
| url |
https://hdl.handle.net/10889/23467 |
| work_keys_str_mv |
AT stampelosiōannēs theuseofdsgemodelsineconomicanalysisandresearch AT stampelosiōannēs ēchrēsētōnmontelōndsgestēnoikonomikēanalysēkaiereuna AT stampelosiōannēs useofdsgemodelsineconomicanalysisandresearch |
| _version_ |
1771297135717777408 |