Sökning: "DSGE"

Visar resultat 1 - 5 av 15 uppsatser innehållade ordet DSGE.

  1. 1. The Use of Judgment Versus Models: Forecasting Accuracy in Sveriges Riksbank 2010-2014

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Författare :Emma Hamre; Sandra Lanros; [2020]
    Nyckelord :Forecasting; Central Banks; Judgment; Monetary Policy;

    Sammanfattning : In this study, we ask, how did the use of judgments and models affect the accuracy of the Riksbank's forecasts during the years 2010-2014? We examine the two components, judgment and models, that determine the Sveriges Riksbank's published forecasts for three macro indicators: GDP growth, CPIF inflation and the repo rate. The analysis compares the relative forecasting accuracy of the central bank's primary models, DSGE and BVAR, and the final published forecasts containing the judgmental adjustments of the Riksbank's Executive Board. LÄS MER

  2. 2. A Financial Market Segmented New-Keynesian Macro Model

    Master-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Erik Hjort; [2020]
    Nyckelord :Monetary Policy; Financial Market Segmentation; Credit Conditions; QE; IS Curve; Business and Economics;

    Sammanfattning : This essay complements the monetary literature by estimation and simulation of a New-Keynesian macro model featuring financial market frictions and long bond portfolio policy. The model is an extended version of the canonical three-equation New-Keynesian model with segmented financial markets distinguishing the short-term money market from the long-term bond market. LÄS MER

  3. 3. The Riksbank and International Interest Rate Dynamics

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :Stefan Lindborg; [2019-10-21]
    Nyckelord :Interest rate; International Dynamics; Capital Flows; Small Open Econimics; DSGE; Riksbank; Sweden;

    Sammanfattning : MSc in Economics.... LÄS MER

  4. 4. Macroprudential regulation of borrowing standards: a comparative analysis of loan-to-value and loan-to-income policies.

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi; Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Sante Carbone; Oona Hakala; [2019]
    Nyckelord :Consumer Debt; Crisis; Housing; Housing Finance; Bayesian;

    Sammanfattning : Starting from the Two-Agents New-Keynesian DSGE framework presented by Iacoviello and Neri (2010), we re-write the model allowing for a loan-to-income (LTI) constraint in place of a loan-to-value (LTV) constraint. We derive a balanced growth path equilibrium for our model and compare steady-state results as well as dynamic responses to a rich set of shocks between the two macroprudential regulations. LÄS MER

  5. 5. A Study of a New-Keynesian DSGE Macro Model: Estimates, Shocks, and Optimal Monetary Policy

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Erik Hjort; [2019]
    Nyckelord :New-Keynesian Economics; Rational Expectations; Monetary Policy; Aggregate Shocks; Small-scale DSGE Model; Business and Economics;

    Sammanfattning : This paper estimates and simulates a New-Keynesian small-scale DSGE macro model. The model consists of the hybrid forms of the Phillips curve and the IS curve, and is closed with a Taylor-type feedback rule allowing partial adjustment of the monetary policy instrument. LÄS MER