Expectation formation, financial frictions, and forecasting performance of dynamic stochastic general equilibrium models
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More about this item
Keywords
business cycles; economic forecasting; expectation formation; financial frictions; macroeconomic modelling;All these keywords.
JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2018-09-24 (Dynamic General Equilibrium)
- NEP-FDG-2018-09-24 (Financial Development and Growth)
- NEP-FOR-2018-09-24 (Forecasting)
- NEP-MAC-2018-09-24 (Macroeconomics)
- NEP-ORE-2018-09-24 (Operations Research)
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