Search Results - subject:"Dynamic equilibrium"

Filtering with limited information

Drautzburg, Thorsten; Fernández-Villaverde, Jesús; … - 2024

Persistent link: https://www.econbiz.de/10015078607

Policy uncertainty in the market for coal electricity : the case of air toxics standards

Gowrisankaran, Gautam; Langer, Ashley; Zhang, Wendan - 2024

Persistent link: https://www.econbiz.de/10015080655

Filtering with limited information

Drautzburg, Thorsten; Fernández-Villaverde, Jesús; … - 2024

We propose a new tool to filter non-linear dynamic models that does not require the researcher to specify the model fully and can be implemented without solving the model. If two conditions are satisfied, we can use a flexible statistical model and a known measurement equation to back out the...

Persistent link: https://www.econbiz.de/10014632399

Nature and causes of economic fluctuations : evidence from the U.S. based on a nonlinear autoregressive integrated process

Li, Xiang; He, Zonglu - In: International journal of empirical economics 2 (2023) 3, pp. 1-21

-generating mechanism for U.S. economic indicators shifts from a stable fixed point (dynamic equilibrium) in the supply-side economy to an … partial dynamic equilibrium of the supply-side economy. The low resilience of the demand-side economy allows for the … investment shocks to the economic resistance coefficient. A general dynamic equilibrium economy maximizes growth from investment …

Persistent link: https://www.econbiz.de/10014430575

Fiscal and macroprudential policies during an energy crisis

Priftis, Romanos; Schoenle, Raphael - 2025

We construct a New-Keynesian E-DSGE model with energy disaggregation and financial intermediaries to show how energy-related fiscal and macroprudential policies interact in affecting the euro area macroeconomy and carbon emissions. When a shock to the price of fossil resources propagates through...

Persistent link: https://www.econbiz.de/10015339643