Area DSGE

Development of a Regional DSGE Model in Japan: Empirical Evidence of Economic Stagnation in the Kansai Economy

Using a dynamic stochastic general equilibrium model, this study empirically examines Japan’s Kansai Region to ascertain causes of its …

Mitsuhiro Okano, Daisuke Ida, Shigeto Kitano, Yoichi Matsubayashi