Monetary Policies and Nigerian Economy:Simulations from Dynamic Stochastic General Equilibrium(DSGE)Model
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Pablo A. Guerron-Quintana, 2010.
"What you match does matter: the effects of data on DSGE estimation,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 25(5), pages 774-804.
- Pablo A. Guerron, 2007. "What You Match Does Matter: The Effects of Data on DSGE Estimation," Working Paper Series 012, North Carolina State University, Department of Economics.
- Fabio Canova & Filippo Ferroni, 2011.
"Multiple filtering devices for the estimation of cyclical DSGE models,"
Quantitative Economics, Econometric Society, vol. 2(1), pages 73-98, March.
- Fabio Canova & Filippo Ferroni, 2009. "Multiple filtering devices for the estimation of cyclical DSGE models," Economics Working Papers 1135, Department of Economics and Business, Universitat Pompeu Fabra, revised Sep 2010.
- Filippo Ferroni & Fabio Canova, 2015. "Multiple Filtering Devices for the Estimation of Cyclical DSGE Models," Working Papers 498, Barcelona School of Economics.
- Dridi, Ramdan & Guay, Alain & Renault, Eric, 2007. "Indirect inference and calibration of dynamic stochastic general equilibrium models," Journal of Econometrics, Elsevier, vol. 136(2), pages 397-430, February.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Maik H. Wolters, 2018.
"How the baby boomers' retirement wave distorts model‐based output gap estimates,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 33(5), pages 680-689, August.
- Wolters, Maik Hendrik, 2016. "How the Baby Boomers' Retirement Wave Distorts Model-Based Output Gap Estimates," VfS Annual Conference 2016 (Augsburg): Demographic Change 145812, Verein für Socialpolitik / German Economic Association.
- Maik Wolters, 2017. "How the Baby Boomers' Retirement Wave Distorts Model-Based Output Gap Estimates," Jena Economics Research Papers 2017-008, Friedrich-Schiller-University Jena.
- Wolters, Maik Hendrik, 2018. "How the baby boomers' retirement wave distorts model-based output gap estimates," IMFS Working Paper Series 121, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
- Wolters, Maik H., 2016. "How the baby boomers' retirement wave distorts model-based output gap estimates," Kiel Working Papers 2031, Kiel Institute for the World Economy (IfW Kiel).
- Alok Johri & Muhebullah Karimzada, 2021.
"Learning efficiency shocks, knowledge capital and the business cycle: A Bayesian evaluation,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 54(3), pages 1314-1360, November.
- Alok Johri & Muhebullah Karimzada, 2015. "Learning Efficiency Shocks, Knowledge Capital and the Business Cycle : A Bayesian Evaluation," Department of Economics Working Papers 2015-11, McMaster University.
- Alok Johri & Muhebullah Karimzada, 2016. "Learning Efficiency Shocks, Knowledge Capital and the Business Cycle: A Bayesian Evaluation," Department of Economics Working Papers 2016-11, McMaster University.
- Alok Johri & Muhebullah Karimzada, 2018. "Learning Efficiency Shocks, Knowledge Capital and the Business Cycle: A Bayesian Evaluation," Department of Economics Working Papers 2018-18, McMaster University.
- Ríos-Rull, José-Víctor & Schorfheide, Frank & Fuentes-Albero, Cristina & Kryshko, Maxym & Santaeulàlia-Llopis, Raül, 2012. "Methods versus substance: Measuring the effects of technology shocks," Journal of Monetary Economics, Elsevier, vol. 59(8), pages 826-846.
- Luca Sala, 2015.
"Dsge Models in the Frequency Domains,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 30(2), pages 219-240, March.
- Luca Sala, 2013. "DSGE models in the frequency domain," Working Papers 504, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Gary Koop & M. Hashem Pesaran & Ron P. Smith, 2013.
"On Identification of Bayesian DSGE Models,"
Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 31(3), pages 300-314, July.
- Koop, Gary & Pesaran, M. Hashem & Smith, Ron P., 2011. "On Identification of Bayesian DSGE Models," SIRE Discussion Papers 2011-18, Scottish Institute for Research in Economics (SIRE).
- Gary Koop & M. Hashem Pesaran & Ron Smith, 2011. "On Identification of Bayesian DSGE Models," Working Papers 1108, University of Strathclyde Business School, Department of Economics.
- Koop, G. & Pesaran, M.H. & Smith, R., 2011. "On Identification of Bayesian DSGE Models," Cambridge Working Papers in Economics 1131, Faculty of Economics, University of Cambridge.
- Koop, Gary & Pesaran, M. Hashem & Smith, Ron P., 2011. "On Identification of Bayesian DSGE Models," IZA Discussion Papers 5638, Institute of Labor Economics (IZA).
- Gary Koop & M. Hashem Pesaran & Ron P. Smith, 2011. "On Identification of Bayesian DSGE Models," CESifo Working Paper Series 3423, CESifo.
- Calvet, Laurent E. & Czellar, Veronika, 2015.
"Through the looking glass: Indirect inference via simple equilibria,"
Journal of Econometrics, Elsevier, vol. 185(2), pages 343-358.
- Calvet , Laurent & Czellar, Veronika, 2013. "Through the Looking Glass: Indirect Inference via Simple Equilibria," HEC Research Papers Series 1048, HEC Paris.
- Laurent E. Calvet & Veronika Czellar, 2014. "Through the Looking Glass: Indirect Inference via Simple Equilibria," Working Papers hal-02058272, HAL.
- Laurent E. Calvet & Veronika Czellar, 2015. "Through the Looking Glass : Indirect Inference via Simple Equilibria," Post-Print hal-02313236, HAL.
- Isaiah Andrews & Jesse M. Shapiro, 2021.
"A Model of Scientific Communication,"
Econometrica, Econometric Society, vol. 89(5), pages 2117-2142, September.
- Isaiah Andrews & Jesse M. Shapiro, 2020. "A Model of Scientific Communication," NBER Working Papers 26824, National Bureau of Economic Research, Inc.
- Doko Tchatoka, Firmin & Groshenny, Nicolas & Haque, Qazi & Weder, Mark, 2017.
"Monetary policy and indeterminacy after the 2001 slump,"
Journal of Economic Dynamics and Control, Elsevier, vol. 82(C), pages 83-95.
- Firmin Doko Tchatoka & Nicolas Groshenny & Qazi Haque & Mark Weder, 2015. "Monetary Policy and Indeterminacy after the 2001 Slump," School of Economics and Public Policy Working Papers 2015-21, University of Adelaide, School of Economics and Public Policy.
- Firmin Doko Tchatoka & Nicolas Groshenny & Qazi Haque & Mark Weder, 2017. "Monetary policy and indeterminacy after the 2001 slump," Post-Print hal-04204686, HAL.
- Weder, Mark & Doko Tchatokay, Firmin & Groshenny, Nicolas & Haque, Qazi, 2016. "Monetary Policy and Indeterminacy after the 2001 Slump," VfS Annual Conference 2016 (Augsburg): Demographic Change 145557, Verein für Socialpolitik / German Economic Association.
- Firmin Doko Tchatoka & Nicolas Groshenny & Qazi Haque & Mark Weder, 2016. "Monetary Policy and Indeterminacy after the 2001 Slump," School of Economics and Public Policy Working Papers 2016-09, University of Adelaide, School of Economics and Public Policy.
- Firmin Doko Tchatoka & Nicolas Groshenny & Qazi Haque & Mark Weder, 2016. "Monetary policy and indeterminacy after the 2001 slump," CAMA Working Papers 2016-02, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Firmin Doko Tchatoka & Nicolas Groshenny & Qazi Haque & Mark Weder, 2016. "Monetary Policy and Indeterminacy after the 2001 Slump," School of Economics and Public Policy Working Papers 2016-18, University of Adelaide, School of Economics and Public Policy.
- Raffaella Giacomini & Barbara Rossi, 2015.
"Forecasting in Nonstationary Environments: What Works and What Doesn't in Reduced-Form and Structural Models,"
Annual Review of Economics, Annual Reviews, vol. 7(1), pages 207-229, August.
- Raffaella Giacomini & Barbara Rossi, 2014. "Forecasting in nonstationary environments: What works and what doesn't in reduced-form and structural models," Economics Working Papers 1476, Department of Economics and Business, Universitat Pompeu Fabra.
- Raffaella Giacomini & Barbara Rossi, 2015. "Forecasting in Nonstationary Environments: What Works and What Doesn't in Reduced-Form and Structural Models," Working Papers 819, Barcelona School of Economics.
- Inoue, Atsushi & Kuo, Chun-Hung & Rossi, Barbara, 2020.
"Identifying the sources of model misspecification,"
Journal of Monetary Economics, Elsevier, vol. 110(C), pages 1-18.
- Rossi, Barbara & Inoue, Atsushi & Kuo, Chun-Hung, 2014. "Identifying the Sources of Model Misspecification," CEPR Discussion Papers 10140, C.E.P.R. Discussion Papers.
- Chun-Huong Kuo & Atsushi Inoue & Barbara Rossi, 2015. "Identifying the Sources of Model Misspecification," Working Papers 821, Barcelona School of Economics.
- Atsushi Inoue & Chun-Hung Kuo & Barbara Rossi, 2015. "Identifying the sources of model misspecification," Economics Working Papers 1479, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2018.
- Xue-Zhong He & Youwei Li, 2017.
"The adaptiveness in stock markets: testing the stylized facts in the DAX 30,"
Journal of Evolutionary Economics, Springer, vol. 27(5), pages 1071-1094, November.
- Xue-Zhong He & Youwei Li, 2015. "The Adaptiveness in Stock Markets: Testing the Stylized Facts in the Dax 30," Research Paper Series 364, Quantitative Finance Research Centre, University of Technology, Sydney.
- Calvet, Laurent-Emmanuel & Czellar , Veronika, 2011.
"state-observation sampling and the econometrics of learning models,"
HEC Research Papers Series
947, HEC Paris.
- Laurent-Emmanuel Calvet & Veronika Czellar, 2011. "State-Observation Sampling and the Econometrics of Learning Models," Working Papers hal-00625500, HAL.
- Laurent E. Calvet & Veronika Czellar, 2011. "State-Observation Sampling and the Econometrics of Learning Models," Papers 1105.4519, arXiv.org.
- Milani, Fabio, 2017.
"Sentiment and the U.S. business cycle,"
Journal of Economic Dynamics and Control, Elsevier, vol. 82(C), pages 289-311.
- Fabio Milani, 2014. "Sentiment and the US Business Cycle," Working Papers 141504, University of California-Irvine, Department of Economics.
- Fabio Milani, 2014. "Sentiment and the U.S. Business Cycle," 2014 Meeting Papers 883, Society for Economic Dynamics.
- Bhattarai, Keshab & Mallick, Sushanta K. & Yang, Bo, 2021. "Are global spillovers complementary or competitive? Need for international policy coordination," Journal of International Money and Finance, Elsevier, vol. 110(C).
- Martin Fukaè & Vladimír Havlena, 2011.
"A Note on the Role of the Natural Condition of Control in the Estimation of DSGE Models,"
Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 61(5), pages 453-466, November.
- Martin Fukac & Vladimir Havlena, 2011. "Note on the role of natural condition of control in the estimation of DSGE models," Research Working Paper RWP 11-03, Federal Reserve Bank of Kansas City.
- Adrian Pagan & Tim Robinson, 2019. "Implications of Partial Information for Applied Macroeconomic Modelling," Melbourne Institute Working Paper Series wp2019n12, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
- Pablo A. Guerrón-Quintana & James M. Nason, 2013.
"Bayesian estimation of DSGE models,"
Chapters, in: Nigar Hashimzade & Michael A. Thornton (ed.), Handbook of Research Methods and Applications in Empirical Macroeconomics, chapter 21, pages 486-512,
Edward Elgar Publishing.
- Pablo Guerrón-Quintana & James M. Nason, 2012. "Bayesian estimation of DSGE models," Working Papers 12-4, Federal Reserve Bank of Philadelphia.
- Pablo A Guerron-Quintana & James M Nason, 2012. "Bayesian Estimation of DSGE Models," CAMA Working Papers 2012-10, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Minford, Patrick & Wickens, Michael R. & Meenagh, David, 2012.
"Testing macroeconomic models by indirect inference on unfiltered data,"
CEPR Discussion Papers
9058, C.E.P.R. Discussion Papers.
- Meenagh, David & Minford, Patrick & Wickens, Michael, 2012. "Testing macroeconomic models by indirect inference on unfiltered data," Cardiff Economics Working Papers E2012/17, Cardiff University, Cardiff Business School, Economics Section.
- Enrique Martínez-García, 2015.
"The Global Component of Local Inflation: Revisiting the Empirical Content of the Global Slack Hypothesis with Bayesian Methods,"
International Symposia in Economic Theory and Econometrics, in: Monetary Policy in the Context of the Financial Crisis: New Challenges and Lessons, volume 24, pages 51-112,
Emerald Group Publishing Limited.
- Enrique Martínez García, 2015. "The global component of local inflation: revisiting the empirical content of the global slack hypothesis with Bayesian methods," Globalization Institute Working Papers 225, Federal Reserve Bank of Dallas.
- Marcin Kolasa & Michał Rubaszek & Paweł Skrzypczyński, 2012.
"Putting the New Keynesian DSGE Model to the Real‐Time Forecasting Test,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(7), pages 1301-1324, October.
- Marcin Kolasa & MichaŁ Rubaszek & PaweŁ SkrzypczyŃski, 2012. "Putting the New Keynesian DSGE Model to the Real-Time Forecasting Test," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(7), pages 1301-1324, October.
- Kolasa, Marcin & Rubaszek, Michał & Skrzypczyński, Paweł, 2009. "Putting the New Keynesian DSGE model to the real-time forecasting test," Working Paper Series 1110, European Central Bank.
More about this item
Keywords
dynamic; stochastic; general; equilibrium; dsge; nigeria; monetary management; shocks; var; monetary policy; fiscal policy; exchange rate; central bank;All these keywords.
JEL classification:
- D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AFR-2012-04-23 (Africa)
- NEP-CBA-2012-04-23 (Central Banking)
- NEP-CMP-2012-04-23 (Computational Economics)
- NEP-DGE-2012-04-23 (Dynamic General Equilibrium)
- NEP-MAC-2012-04-23 (Macroeconomics)
- NEP-MON-2012-04-23 (Monetary Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:38167. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.