Sökning: "DSGE"

Visar resultat 1 - 5 av 13 uppsatser innehållade ordet DSGE.

  1. 1. 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

  2. 2. 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

  3. 3. 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

  4. 4. Carbon tax for emission targets - An alternative application of the DSGE model for optimal fossil fuel taxation by Golosov, Hassler, Krusell and Tsyvinski 2014

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Författare :Anita Hafner; [2019]
    Nyckelord :Carbon tax; Integrated Assessment Model; Damage function; Emission targets;

    Sammanfattning : Economists widely agree that a Pigouvian fee on emissions is the first best option to correct for the un-priced externality of climate change. However, scientific estimates of future global costs of climate change are varying. LÄS MER

  5. 5. Optimal Monetary Policy, Macroprudential Instruments, and the Credit Cycle

    Master-uppsats, Uppsala universitet/Nationalekonomiska institutionen

    Författare :Camilo Marchesini; [2019]
    Nyckelord :Monetary policy; macroprudential regulation; banking; financial frictions;

    Sammanfattning : I study optimal monetary and macroprudential policies in a New Keynesian DSGE framework with leverageconstrainedbanks. In particular, I assess the desirability of alternative operational policy rules when theeconomy is hit by mortgage default shocks and show that their implications for inflation dynamics and policytrade-offs depend on whether the shocks originate in the household sector or in the entrepreneurial sector ofthe economy. LÄS MER