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Understanding DSGE models

While the theoretical development of DSGE models is not overly difficult to understand, practical application remains somewhat complex. The literature on this subject has some significant obscure points. This book can be thought of, firstly, as a tool to overcome initial hurdles with this type of mo...

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Detalles Bibliográficos
Autor principal: Costa Junior, Celso Jose
Lenguaje:eng
Publicado: Vernon Press 2016
Materias:
Acceso en línea:http://cds.cern.ch/record/2245279
Descripción
Sumario:While the theoretical development of DSGE models is not overly difficult to understand, practical application remains somewhat complex. The literature on this subject has some significant obscure points. This book can be thought of, firstly, as a tool to overcome initial hurdles with this type of modeling. Secondly, by showcasing concrete applications, it aims to persuade incipient researchers to work with this methodology. In principle, this is not a book on macroeconomics in itself, but on tools used in the construction of this sort of models. It strives to present this technique in a detail