DSGE models in macroeconomics: estimation, evaluation, and new developments
Saved in:
Bibliographic Details
Format: Electronic eBook
Language:English
Published: Bingley Emerald 2012
Edition:1. ed.
Series:Advances in econometrics 28
Subjects:
Online Access:FHR01
UBT01
Volltext
Item Description:This volume of Advances in Econometrics contains articles that examine key topics in the modeling and estimation of dynamic stochastic general equilibrium (DSGE) models. Because DSGE models combine micro- and macroeconomic theory with formal econometric modeling and inference, over the past decade they have become an established framework for analyzing a variety of issues in empirical macroeconomics. The research articles make contributions in several key areas in DSGE modeling and estimation. In particular, papers cover the modeling and role of expectations, the study of optimal monetary policy in two-country models, and the problem of non-invertibility. Other interesting areas of inquiry include the analysis of parameter identification in new open economy macroeconomic models and the modeling of trend inflation shocks. The second part of the volume is devoted to articles that offer innovations in econometric methodology. These papers advance new techniques for addressing major inferential problems and include discussion and applications of Laplace-type, frequency domain, empirical likelihood and method of moments estimators
Physical Description:1 Online-Ressource
ISBN:9781781903063

There is no print copy available.

Interlibrary loan Place Request Caution: Not in THWS collection! Get full text