The use of DSGE models in economic analysis and research

• Main Author: Σταμπέλος, Ιωάννης
• Other Authors: Stampelos, Ioannis
• Language: English
• Published: 2022
• Subjects: 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 fe...