Sökning: "DSGE"
Visar resultat 16 - 18 av 18 uppsatser innehållade ordet DSGE.
16. Back to a General Theory - An Essay in Persuasion
D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomiSammanfattning : Many Western countries experience failing monetary policy after the 2008 financial crisis. The lack of alternatives to established rules, even when they appear to fail, motivates a close look at the economic ideas John Maynard Keynes developed in his crisis-ridden lifetime, to answer the question: What can Keynes' writings contribute to the contemporary macroeconomic discussion? We trace from the publication of the General Theory (1936) until our time how macroeconomics has narrowed down into theoretical consensus, elevating policy recommendations developed in moderate times to an exclusive status of optimality. LÄS MER
17. Bank Capital in DSGE Models
D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomiSammanfattning : This paper analyzes the implications of three different modeling approaches to bank capital for business cycle dynamics in a DSGE model with various real and financial frictions. Two approaches feature exogenous capital requirements but differ in their mathematical form. LÄS MER
18. Monetary Policy in Closed and Open Economies
Master-uppsats, Nationalekonomiska institutionenSammanfattning : Two DSGE models are calibrated and simulated to investigate how the role of monetarypolicy differs between a closed and an open economy. The central bank conducts monetary policy according to a Taylor (1993) rule, reacting to inflation- and output deviations. LÄS MER