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An estimated DSGE model for Denmark with housing, banking, and financial frictions
Pedersen, Jesper - 2016
An Estimated DSGE model for Denmark with Housing, Banking, and Financial Friktions The financial crisis has moved … Danish economy with financial frictions, banking and a construction sector. …
Persistent link: https://www.econbiz.de/10011614062
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What are the effects of changes in taxation and new types of mortgages on the real economy?: The case of Denmark during the 00's
Pedersen, Jesper - 2017
housing wealth for the real- and financial economy? I study this within a medium-size DSGE model with housing, banking and …
Persistent link: https://www.econbiz.de/10011754970
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What are the effects of changes in taxation and new types of mortgages on the real economy? - the case of Denmark during the 00's
Pedersen, Jesper - 2017
housing wealth for the real- and financial economy? I study this within a medium-size DSGE model with housing, banking and …
Persistent link: https://www.econbiz.de/10011696533
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A Taylor rule for fiscal policy in a fixed exchange rate regime
Pedersen, Jesper; Ravn, Søren Hove - 2014
We study fiscal policy in Denmark in the period 2004-2012 and compare the actual policy to counterfactual, rule-based alternatives. Given Denmark's fixed exchange rate towards the euro, it is the job of fiscal policymakers to stabilise fluctuations in output and inflation. However, we find that...
Persistent link: https://www.econbiz.de/10010371427
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A Taylor rule for fiscal policy in a fixed exchange rate regime
Pedersen, Jesper; Ravn, Søren Hove - 2014
We study fiscal policy in Denmark in the period 2004-2012 and compare the actual policy to counterfactual, rule-based alternatives. Given Denmark's fixed exchange rate towards the euro, it is the job of fiscal policymakers to stabilise fluctuations in output and inflation. However, we find that...
Persistent link: https://www.econbiz.de/10010464534
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Impactos macroeconômicos do choque fiscal de 2015: A regularização de despesas públicas não contabilizadas
Cavalcanti, Marco Antônio Freitas de Hollanda; … - 2018
This paper analyzes the macroeconomic impacts derived from the recognition of previously unreported fiscal liabilities during 2015 in Brazil. This is done within a DSGE model with a detailed public sector developed and calibrated for the Brazilian economy. The gradual recognition of these fiscal...
Persistent link: https://www.econbiz.de/10012146724
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Impactos macroeconômicos do choque fiscal de 2015 : a regularização de despesas públicas não contabilizadas
Cavalcanti, Marco Antônio Freitas de Hollanda; Vereda, … - 2018
This paper analyzes the macroeconomic impacts derived from the recognition of previously unreported fiscal liabilities during 2015 in Brazil. This is done within a DSGE model with a detailed public sector developed and calibrated for the Brazilian economy. The gradual recognition of these fiscal...
Persistent link: https://www.econbiz.de/10011873387
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Housing and Banking in a Small Open Economy DSGE Model
Ajevskis, Viktors; Vitola, Kristine - Latvijas Banka - 2011
monopolistically competitive banking sector facing capital constraints. This general equilibrium framework is useful to study the … suggest that the banking sector mutes the response of bank retail rates to an increase in the foreign policy rate and thus …
Persistent link: https://www.econbiz.de/10009359849
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Forecasting and policy making
Wieland, Volker; Wolters, Maik Hendrik - 2012
Persistent link: https://www.econbiz.de/10010368564
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Forecasting and policy making
Wieland, Volker; Wolters, Maik Hendrik - House of Finance, Goethe Universität Frankfurt am Main - 2012
Persistent link: https://www.econbiz.de/10010955284