文章基本信息

标题：Beyond the implementation of a dynamic stochastic general equilibrium model
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作者：(caraman), Oana Simona HUDEA
期刊名称：Theoretical and Applied Economics
印刷版ISSN：1841-8678
电子版ISSN：1844-0029
出版年度：2015
卷号：XXII
期号：1(602), Spring
页码：311-320
出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：The present paper is structured as a brief guide focused on the rendering of the output generated by Dynare, a specific tool of Matlab, when implementing a Dynamic Stochastic General Equilibrium model for impulse-response function analysis purpose. After a concise description of a standard Real Business Cycle model, the steady state of variables, the eigenvalues, the matrix of covariance of exogenous shocks, the policy and transition functions, the theoretical moments, the variance decomposition, the matrix of correlations and the coefficient of autocorrelation of simulated variables, as well as the graphical representation of the impulse-response functions are displayed and construed accordingly.
关键词：Dynamic Stochastic General Equilibrium model; Real Business Cycle model; impulse-response function; structural shocks; Dynare code.