Andrianady, Josué R. and Rajaonarison, Njakanasandratra R. (2023): Introduction à la modélisation de type Modèle d'Equilibre Général Dynamique Stochastique avec friction (MEGDS).
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Abstract
The objective of this working paper is to provide an introduction to the Dynamic Stochastic General Equilibrium Model with Friction (DSGE). A simple model that is based on theoretical achievements from the literature. The model is composed of three (3) agents who meet on the market and the economy is assumed to be open, i.e. having relations with the rest of the world.
Item Type: | MPRA Paper |
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Original Title: | Introduction à la modélisation de type Modèle d'Equilibre Général Dynamique Stochastique avec friction (MEGDS) |
English Title: | Introduction to Dynamic Stochastic General Equilibrium Modeling with friction (DSGE) |
Language: | French |
Keywords: | DSGE, dynamic stochastic general equilibrium model, friction |
Subjects: | A - General Economics and Teaching > A1 - General Economics > A10 - General C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C61 - Optimization Techniques ; Programming Models ; Dynamic Analysis |
Item ID: | 116642 |
Depositing User: | Economist Njakanasandratra RAJAONARISON |
Date Deposited: | 13 Mar 2023 14:26 |
Last Modified: | 13 Mar 2023 14:26 |
References: | Fernandez-Villaverde, J. (2010), ``The econometrics of dsge models,,.Series 1(1-2), 3–49.. Greenwood \& al. (1988), ``Investment, Capacity Utilization, and the Real Business Cycle,,. The American Economic Review. Luca & Sargent (1978), ``Macroeconomic revolution on shaky grounds: Lucas/Sargent critique's inherent contradictions,,. (University of Wuppertal). Mankiw G. et D. Romer (1991), ``The New Keynesian Approach to Dynamic General Equilibrium Modeling: Models, Methods and Macroeconomic Policy Evaluation,,. Ruge-Murcia, F. J. (2007) ``Methods to estimate dynamic stochastic general equilibrium models. Journal of Economic Dynamics and Control 31(8),,2599–2636. Sims Eric (2017), `` Graduate Macro Theory II: Fiscal Policy in RBC Model,, (University of Notre Dame). |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/116642 |