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  • The paper describes basic characteristics of the Dynamic Stochastic General Equilibrium (DSGE) theory and its application on a modeling. It introduces reasons for an establishing and development of the theory. It tries to specify a relatively very heterogeneous group of the DSGE models and their connection to the GE models. The part about history of the DSGE theory contains a description of the Redux model, an introduction of its basic characteristics and its influence on a subsequent development of economic models. There is and attempt to explain a connection between the DSGE models and the New Keynesian theory as well.
  • The paper describes basic characteristics of the Dynamic Stochastic General Equilibrium (DSGE) theory and its application on a modeling. It introduces reasons for an establishing and development of the theory. It tries to specify a relatively very heterogeneous group of the DSGE models and their connection to the GE models. The part about history of the DSGE theory contains a description of the Redux model, an introduction of its basic characteristics and its influence on a subsequent development of economic models. There is and attempt to explain a connection between the DSGE models and the New Keynesian theory as well. (en)
Title
  • History of the Dynamic Stochastic General Equilibrium (DSGE) Approach
  • History of the Dynamic Stochastic General Equilibrium (DSGE) Approach (en)
skos:prefLabel
  • History of the Dynamic Stochastic General Equilibrium (DSGE) Approach
  • History of the Dynamic Stochastic General Equilibrium (DSGE) Approach (en)
skos:notation
  • RIV/00216224:14560/07:00020187!RIV10-GA0-14560___
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  • P(1M0524), P(GA402/05/2172)
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  • 424298
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  • RIV/00216224:14560/07:00020187
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  • Dynamic Stochastic General Equilibrium (DSGE) model; structural model; RBC model; the Redux model; New Keynesian DSGE model (en)
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  • [FAD80A13710D]
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  • VŠB TU Ostrava
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  • Ostrava
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  • MEKON 2007, Sborník abstraktů příspěvků IX. ročníku mezinárodní konference EKF VŠB - TU Ostrava
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  • Musil, Karel
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  • Vysoká škola báňská - Technická univerzita Ostrava
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  • 978-80-248-1324-0
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  • 14560
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