Teaching DSGE models to undergraduates

This paper puts forward a systematic approach to teaching simple dynamic stochastic general equilibrium (DSGE) models to undergraduates. It proceeds in the following way: first, the structural model of the economy, which includes the households’ and firms’ problems, is presented and progressively so...

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Bibliographic Details
Main Authors: Celso J. Costa Junior, Alejandro C. Garcia-Cintado
Format: Article
Language:English
Published: Elsevier 2018-09-01
Series:EconomiA
Online Access:http://www.sciencedirect.com/science/article/pii/S1517758017300930