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@inproceedings{714545,
author = {Musil, Karel},
address = {Ostrava},
booktitle = {MEKON 2007, Sborník abstraktů příspěvků IX. ročníku mezinárodní konference EKF VŠB - TU Ostrava},
keywords = {Dynamic Stochastic General Equilibrium (DSGE) model; structural model; RBC model; the Redux model; New Keynesian DSGE model},
language = {eng},
location = {Ostrava},
isbn = {978-80-248-1324-0},
pages = {35-42},
publisher = {VŠB-TU Ostrava},
title = {History of the Dynamic Stochastic General Equilibrium (DSGE) Approach},
year = {2007}
}
TY - JOUR
ID - 714545
AU - Musil, Karel
PY - 2007
TI - History of the Dynamic Stochastic General Equilibrium (DSGE) Approach
PB - VŠB-TU Ostrava
CY - Ostrava
SN - 9788024813240
KW - Dynamic Stochastic General Equilibrium (DSGE) model
KW - structural model
KW - RBC model
KW - the Redux model
KW - New Keynesian DSGE model
N2 - 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.
ER -
MUSIL, Karel. History of the Dynamic Stochastic General Equilibrium (DSGE) Approach. In \textit{MEKON 2007, Sborník abstraktů příspěvků IX. ročníku mezinárodní konference EKF VŠB - TU Ostrava}. Ostrava: VŠB-TU Ostrava, 2007, s.~35-42. ISBN~978-80-248-1324-0.
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