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Estimation du choc de productivité et de préférence avec un petit modèle DSGE sans gouvernement et sans commerce
[Estimating productivity and preference shocks using a small DSGE model without government and trade]

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  • Andrianady, Josué R.

Abstract

This paper investigates the estimation of productivity and preference shocks using a DSGE model. In the absence of government and international trade, this simplified framework provides a clear view of the internal dynamics of a closed economy. We analyze the impact of these shocks on consumption, investment, and economic growth. The results indicate that productivity shocks have lasting effects, while preference shocks lead to transitory variations. These findings offer insights into the dynamics of economies without external interactions.

Suggested Citation

  • Andrianady, Josué R., 2024. "Estimation du choc de productivité et de préférence avec un petit modèle DSGE sans gouvernement et sans commerce [Estimating productivity and preference shocks using a small DSGE model without gove," MPRA Paper 122575, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:122575
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    References listed on IDEAS

    as
    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. Lawrence J. Christiano & Martin Eichenbaum & Charles L. Evans, 2005. "Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy," Journal of Political Economy, University of Chicago Press, vol. 113(1), pages 1-45, February.
    3. Kydland, Finn E & Prescott, Edward C, 1982. "Time to Build and Aggregate Fluctuations," Econometrica, Econometric Society, vol. 50(6), pages 1345-1370, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    productivity shock; preference shock; DSGE model; closed economy; economic dynamics.;
    All these keywords.

    JEL classification:

    • C0 - Mathematical and Quantitative Methods - - General
    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

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