The paper analyzes and compares the effects of domestic monetary policy using DSGE, DSGE-VAR, and VAR based on a two … value in the case of DSGE and DSGE-VAR models, while in the case of the unrestricted VAR model, it lowers won value. In the … marginal data density standard, DSGE-VAR (μ=1) is superior to DSGE or Bayesian VAR over the sample period. Conversely, in the …

We investigate what determines China's housing price dynamics using a DSGE-VAR estimated with priors allowing for the …

We investigate what determines China's housing price dynamics using a DSGE-VAR estimated with priors allowing for the …

surveys. To explain the joint evolution of realized variables and expectations, we adopt a DSGE-VAR approach, which allows us … which the cross-equation restrictions are dogmatically imposed, on the other side. Moreover, the DSGE-VAR approach allows us … show that they can go some way toward reconciling the New Keynesian model with the data. Intermediate DSGE-VAR models …

surveys. To explain the joint evolution of realized variables and expectations, we adopt a DSGE-VAR approach, which allows us … which the cross-equation restrictions are dogmatically imposed, on the other side. Moreover, the DSGE-VAR approach allows us … show that they can go some way toward reconciling the New Keynesian model with the data. Intermediate DSGE-VAR models …