Summary:
The dynamic stochastic general equilibrium (DSGE) model literature is ever-growing, and new features are being continuously added. This makes it difficult to make generalisations about the literature. However, from a macro modelling perspective, we are mainly interested in models that might be used by a central bank to set interest rates. Even if we are not central bankers ourselves, we presumably want to understand how central bankers see their policy lever as working.... Bond EconomicsNonlinear Models Give No Escape From r*Brian Romanchuk
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
The dynamic stochastic general equilibrium (DSGE) model literature is ever-growing, and new features are being continuously added. This makes it difficult to make generalisations about the literature. However, from a macro modelling perspective, we are mainly interested in models that might be used by a central bank to set interest rates. Even if we are not central bankers ourselves, we presumably want to understand how central bankers see their policy lever as working.... Bond EconomicsNonlinear Models Give No Escape From r*Brian Romanchuk
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
NewDealdemocrat writes The Household Survey isn’t the only data series sending up caution flares
Joel Eissenberg writes Is China eating our EV lunch?
Angry Bear writes Republican U.S. States Sue EPA over Strict Power Plant Emission Rules
Angry Bear writes Clawback of money looted by Cerberus, de la Torre, and MPT from Steward Health Care
The dynamic stochastic general equilibrium (DSGE) model literature is ever-growing, and new features are being continuously added. This makes it difficult to make generalisations about the literature. However, from a macro modelling perspective, we are mainly interested in models that might be used by a central bank to set interest rates. Even if we are not central bankers ourselves, we presumably want to understand how central bankers see their policy lever as working....Bond Economics
Nonlinear Models Give No Escape From r*
Brian Romanchuk