Artikel
Assessing Brazilian macroeconomic dynamics using a Markov-switching DSGE model
The goal of this paper is to evaluate the behavior of the main parameters of the Brazilian economy through the estimation of an open-economy dynamic stochastic general equilibrium (DSGE) model using Bayesian methods and allowing for Markov switching of certain parameters. Using the DSGE model developed by Justiniano and Preston (2010) and the solution method of the Markov switching DSGE (MS-DSGE) model proposed by Farmer et al. (2008), this paper found a superior fit in the data of Markov switching models, rejecting the hypothesis of constant parameters in DSGE models for the Brazilian economy.
- Sprache
-
Englisch
- Erschienen in
-
Journal: EconomiA ; ISSN: 1517-7580 ; Volume: 17 ; Year: 2016 ; Issue: 1 ; Pages: 23-42 ; Amsterdam: Elsevier
- Klassifikation
-
Wirtschaft
- Thema
-
DSGE model
Markov switching
MS-DSGE
Modelo DSGE
Markov
MS-DSGE
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gonçalves, Caio César Soares
Portugal, Marcelo Savino
da Silva Bejarano Aragón, Edilean Kleber
- Ereignis
-
Veröffentlichung
- (wer)
-
Elsevier
- (wo)
-
Amsterdam
- (wann)
-
2016
- DOI
-
doi:10.1016/j.econ.2016.03.001
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Gonçalves, Caio César Soares
- Portugal, Marcelo Savino
- da Silva Bejarano Aragón, Edilean Kleber
- Elsevier
Entstanden
- 2016
Ähnliche Objekte (12)
Four Essays on Markov-Switching DSGE and Markov-Switching VAR Models
Perturbation methods for Markov-switching DSGE models
Perturbation methods for Markov-switching DSGE models
Sources of macroeconomic fluctuations: A regime-switching DSGE approach
Sources of macroeconomic fluctuations: A regime-switching DSGE approach
Markov-switching proxy BVARs
A Markov Switching Cookbook
The term structure of interest rates in a small open economy DSGE model with Markov switching
The Markov switching ACD model
Markov-Switching und ifo Geschäftsklima
The Markov switching ACD model
The Markov switching ACD model
Four Essays on Markov-Switching DSGE and Markov-Switching VAR Models
Perturbation methods for Markov-switching DSGE models
Perturbation methods for Markov-switching DSGE models
Sources of macroeconomic fluctuations: A regime-switching DSGE approach
Sources of macroeconomic fluctuations: A regime-switching DSGE approach
Markov-switching proxy BVARs
A Markov Switching Cookbook
The term structure of interest rates in a small open economy DSGE model with Markov switching
The Markov switching ACD model
Markov-Switching und ifo Geschäftsklima
The Markov switching ACD model
The Markov switching ACD model
Four Essays on Markov-Switching DSGE and Markov-Switching VAR Models
Perturbation methods for Markov-switching DSGE models
Perturbation methods for Markov-switching DSGE models
Sources of macroeconomic fluctuations: A regime-switching DSGE approach
Sources of macroeconomic fluctuations: A regime-switching DSGE approach
Markov-switching proxy BVARs
A Markov Switching Cookbook
The term structure of interest rates in a small open economy DSGE model with Markov switching
The Markov switching ACD model
Markov-Switching und ifo Geschäftsklima
The Markov switching ACD model