Some aspects of construction and use of dynamic stochastic general equilibrium (DSGE) models
The article deals with practical aspects of constructing dynamic stochastic general equilibrium models (DSGE). A basic model of the real business cycle theory (RBC) is considered. The basic RBC model and DSGE models are compared, their similarities and differences are analyzed. By the example of the...
| Main Authors: | , |
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| Format: | Article |
| Language: | Russian |
| Published: |
Perm State University
2016-12-01
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| Series: | Вестник Пермского университета: Серия Экономика |
| Online Access: | http://economics.psu.ru/index.php/econ/article/view/191 |