A Study of Development and Utilization of Dynamic Stochastic General Equilibrium: A Survey (in Japanese)

Abstract

Dynamic stochastic general equilibrium (DSGE) models—standard tools for policy analysis in recent years—are widely used at many central banks and policy authorities. This paper conducts a brief survey on developments and utilizations of DSGE models at central banks and international organizations, discussing the connection between the purpose of building models and the way of extension

Publication
関西学院 経済学論究