Anagram & Information om | Engelska ordet DSGE

Exempel på hur man kan använda DSGE i en mening

• Chang, Kim, and Schorfheide (2011) make a point similar to that of Kirman, in the context of a DSGE model where agents are heterogeneous because of uninsured labor income risk.
• DSGE models may exaggerate individual rationality and foresight, and understate the importance of heterogeneity, since the rational expectations, representative agent case remains the simplest and thus the most common type of DSGE model to solve.
• Given their inherent complexity, DSGE models are in general analytically intractable, and are usually implemented numerically using computer software.
• DSGE econometric modelling applies general equilibrium theory and microeconomic principles in a tractable manner to postulate economic phenomena, such as economic growth and business cycles, as well as policy effects and market shocks.
• Therefore, DSGE modelling connects both microeconomic and macroeconomic theories, thus embodying the basis of microfoundations.
• In one study based on US manufacturing industry data, Muscatelli (with James Malley and Ulrich Woitek) finds evidence using Vector Autoregression (VAR) models which favours a sticky-wage or Real Business Cycle interpretation to a sticky-price model in these DSGE models.

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