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DSGE model 1 financial dollarization 1 financial friction 1 foreign ownership in banking sector 1
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Grga, Nikola 1 Urosevic, Branko 1
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Economic Annals 1
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APPLICATION OF DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODELS TO THE CASE OF THE SERBIAN ECONOMY
Urosevic, Branko; Grga, Nikola - In: Economic Annals 59 (2014) 201, pp. 35-68
This paper proposes a dynamic stochastic general equilibrium (DSGE) model for the Serbian economy. It is a modification of the existing models of Goodhart, Osorio and Tsomocos (2009) and Martinez and Tsomocos (2012). The model introduces important features of the Serbian economy, financial...
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