Handbook on DSGE Models: Some Useful Tips in Modeling a DSGE Models

90 Pages Posted: 18 Jan 2015 Last revised: 28 Jan 2015

See all articles by Daney David Valdivia

Daney David Valdivia

Autoridad General de Impugnación Tributaria

Date Written: January 10, 2015

Abstract

Despite there are useful books and text books from recognized authors about modeling macroeconomics through various types of methods and methodologies, “Some Useful tips in Modeling a DSGE models” try to add special features through an economist can use to model macro and micro relations to explain different scenarios in an specific economy.

In this sense, this work begin since basic conceptions of difference equations to build a Dynamic Stochastic General Equilibrium model covering special topics like rule-of-thumb consumers, monetary and fiscal policies, sticky prices, investment and problem of the firms, topics in Dynare and others.

Keywords: Differential equation, dynamic stochastic general equilibrium refinements, policy instruments

JEL Classification: A33, C00, E1

Suggested Citation

Valdivia, Daney David, Handbook on DSGE Models: Some Useful Tips in Modeling a DSGE Models (January 10, 2015). Available at SSRN: https://ssrn.com/abstract=2550303 or http://dx.doi.org/10.2139/ssrn.2550303

Daney David Valdivia (Contact Author)

Autoridad General de Impugnación Tributaria ( email )

Av. Victor Sanjinés Nº 2705 esq. Calle Méndez Arco
La Paz
Bolivia
591-2-2412789 (Phone)

HOME PAGE: http://www.ait.gob.bo

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