Dynamic Stochastic General Equilibrium Models as a Tool for Policy Analysis

This article discusses the evolution of dynamic macroeconomic models from calibrated Real Business Cycle models to estimated dynamic stochastic general equilibrium models. The purpose is to suggest the usefulness of these models as a tool for policy analysis, with a particular emphasis on aspects of monetary policy. (JEL classification: D58, E50) Copyright 2006, Oxford University Press.

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Year of publication:	2006
Authors:	Kremer, Jana ; Lombardo, Giovanni ; Thadden, Leopold von ; Werner, Thomas
Published in:	CESifo Economic Studies. - CESifo, ISSN 1610-241X. - Vol. 52.2006, 4, p. 640-665
Publisher:	CESifo

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005741483