The New York Federal Reserve has published the Dynamic Stochastic General Equilibrium (DSGE) model it uses to produce forecasts, in a staff report, and a 5-part series on the Liberty Street ...

The term premium on nominal long-term bonds in the standard dynamic stochastic general equilibrium (DSGE) model used in macroeconomics is far too small and stable relative to empirical measures ...

This paper jointly analyzes the optimal conduct of monetary policy, foreign exchange intervention, fiscal policy, macroprudential policy, and capital flow management. This policy analysis is based on ...

But this is because it turns out that a competent practitioner can produce a DSGE model that proves anything at all about the world. Brown University’s Gauti Eggertsson is a specialist at this.

This course, presented by the Institute for Capacity Development, deals with building, using, and interpreting DSGE models. It introduces participants to the models and techniques that policy makers ...

We develop a quantitative New Keynesian DSGE model with monopolistic banks to study the macroeconomic effects of introducing a central bank digital currency (CBDC). Households benefit from an ...

A repo rate cut may be some distance away as the RBI’s Dynamic Stochastic General Equilibrium (DSGE) model for the Indian economy has projected retail inflation to reach 4.8 per cent in FY25 ...

Using Bayesian methods, we document that a state-of-the-art DSGE model with housing and collateral effects cannot reproduce key cyclical properties of U.S. data, particularly the volatility of U.S.

The basic inability of standard theoretical models to generate a sufficiently large and variable nominal bond risk premium has been termed the "bond premium puzzle." We show that the term premium on ...