This article provides a detailed description of a canonical DSGE model and presents the methods used for its estimation and simulation. Then, we conduct two monetary policy experiments using the estimated model. The first one assesses the impact on the social welfare of changes in the...

This paper analyzes how long run productivity gains can be used by agents to change their optimal allocation between consumption, health services, and non-market activities during their life cycle. We develop a stylized model accounting for the endogenous number of years in school, retirement...

We present arguments in favor of a structural approach to the evaluation of public policies. To illustrate this point, an evaluation using a structural model is presented. The steps of the approach are : i) definition of a theoretical framework that takes into account equilibrium effects, ii)...