Using the Kalman Filter to Smooth the Shocks of a Dynamic Stochastic General Equilibrium Model

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Smoothing the Shocks of a Dynamic Stochastic General Equilibrium Model

E C O N O M I C R E V I E W Second Quarter 2005 The 2001 recession displayed unique characteristics in comparison to other recessions. Although moderate in terms of the decline in output, the recession was unique in that the contraction in measured output was driven almost entirely by retrenchment in business capital spending. Consumer spending growth remained positive, and residential investme...

متن کامل

Estimating the Efficient Shocks' Share in Iran's Economic Growth Fluctuations (Dynamic Stochastic General Equilibrium Approach)

In economic, the degree of intervention of policymakers in creation of economic stability and the response to economic fluctuations is one of the most important problems. The higher the share of efficient shocks in economic fluctuation, the lower the degree of policy response. This study evaluates the contribution of efficient shocks in creating of economic fluctuations and also estimates poten...

متن کامل

The Impact of Exchange Rate shocks on Trade Balance of Iran: A Dynamic Stochastic General Equilibrium Approach

The trade balance is one of the most important macroeconomic topics and one of the strategic macroeconomic constraints for developing countries. The exchange rate is recognized as one of the key factors affecting the trade balance of countries. Exchange rate fluctuations, which causes the fluctuations in relative prices, by destabilizing the economic conditions and increasing the inflation woul...

متن کامل

The Role of International Financial Integration in Production and Inflation Fluctuations in Iran: Using a Dynamic Stochastic General Equilibrium Model

The effects of International financial integration on the fluctuations of variables in response to shocks are a matter of heavily concentrated literature of the business cycle in recent years. In this paper, a New Keynesian DSGE model is developed in which there is a channel for capital account changes through the foreign deposit's inflow and outflow. Then the effects of financial integration a...

متن کامل

Reconnoitering the effective Channels of Monetary Transmission Mechanism in Iran Using a Dynamic Stochastic General Equilibrium Model

The purpose of the present research is to investigate the effective channels of the monetary transmission mechanism in Iran. To do so, we devised a New Keynesian Dynamic Stochastic General Equilibrium Model. In our model, the different types of nominal rigidities are introduced beside all the related structural equations, which are extracted and linearized around a steady state point. Furthermo...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2003

ISSN: 1556-5068

DOI: 10.2139/ssrn.2482506