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Bayesian Estimation of a Small Open Economy DSGE Model for Azerbaijan: DSGE Model for Azerbaijan - Brossura

 
9783846587447: Bayesian Estimation of a Small Open Economy DSGE Model for Azerbaijan: DSGE Model for Azerbaijan

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This paper develops and estimates a Dynamic Stochastic General Equilibrium (DSGE) model for the Azerbaijan economy. The model incorporates with open economy features such as habit formation and cost of adjustment in capital accumlation. The model has five types of economic agents: households, firms, aggregators, the rest of the world and the government. It includes a number of shocks and frictions. The model is estimated with Bayesian techniques using thirteen macro economic variables: GDP inflation, private consumption good inflation, investment good inflation, real wages, real private consumption, real investment, real GDP, employment, real exports, real imports, nominal interest rate, foreign real GDP and foreign nominal interest rate. The main aim of the paper is to estimate various specifications of a small open economy model in order to determine the model which provides a better fit of Azerbaijan economy.

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L'autore

Ali A. Ahmadov, MA: Studied Economics at Central European University. Leading specialist of Business Planning and Budgeting Department at VTB Bank (Azerbaijan).

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  • EditoreLAP LAMBERT Academic Publishing
  • Data di pubblicazione2012
  • ISBN 10 3846587443
  • ISBN 13 9783846587447
  • RilegaturaCopertina flessibile
  • LinguaInglese
  • Numero di pagine64
  • Contatto del produttorenon disponibile

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Condizione: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Ahmadov AliAli A. Ahmadov, MA: Studied Economics at Central European University. Leading specialist of Business Planning and Budgeting Department at VTB Bank (Azerbaijan).This paper develops and estimates a Dynamic Stochastic Gen. Codice articolo 5501490

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Ali Ahmadov
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Taschenbuch. Condizione: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This paper develops and estimates a Dynamic Stochastic General Equilibrium (DSGE) model for the Azerbaijan economy. The model incorporates with open economy features such as habit formation and cost of adjustment in capital accumlation. The model has five types of economic agents: households, firms, aggregators, the rest of the world and the government. It includes a number of shocks and frictions. The model is estimated with Bayesian techniques using thirteen macro economic variables: GDP inflation, private consumption good inflation, investment good inflation, real wages, real private consumption, real investment, real GDP, employment, real exports, real imports, nominal interest rate, foreign real GDP and foreign nominal interest rate. The main aim of the paper is to estimate various specifications of a small open economy model in order to determine the model which provides a better fit of Azerbaijan economy. 64 pp. Englisch. Codice articolo 9783846587447

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Ali Ahmadov
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Taschenbuch. Condizione: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - This paper develops and estimates a Dynamic Stochastic General Equilibrium (DSGE) model for the Azerbaijan economy. The model incorporates with open economy features such as habit formation and cost of adjustment in capital accumlation. The model has five types of economic agents: households, firms, aggregators, the rest of the world and the government. It includes a number of shocks and frictions. The model is estimated with Bayesian techniques using thirteen macro economic variables: GDP inflation, private consumption good inflation, investment good inflation, real wages, real private consumption, real investment, real GDP, employment, real exports, real imports, nominal interest rate, foreign real GDP and foreign nominal interest rate. The main aim of the paper is to estimate various specifications of a small open economy model in order to determine the model which provides a better fit of Azerbaijan economy. Codice articolo 9783846587447

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Ali Ahmadov
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Taschenbuch. Condizione: Neu. Neuware -This paper develops and estimates a Dynamic Stochastic General Equilibrium (DSGE) model for the Azerbaijan economy. The model incorporates with open economy features such as habit formation and cost of adjustment in capital accumlation. The model has five types of economic agents: households, firms, aggregators, the rest of the world and the government. It includes a number of shocks and frictions. The model is estimated with Bayesian techniques using thirteen macro economic variables: GDP inflation, private consumption good inflation, investment good inflation, real wages, real private consumption, real investment, real GDP, employment, real exports, real imports, nominal interest rate, foreign real GDP and foreign nominal interest rate. The main aim of the paper is to estimate various specifications of a small open economy model in order to determine the model which provides a better fit of Azerbaijan economy.Books on Demand GmbH, Überseering 33, 22297 Hamburg 64 pp. Englisch. Codice articolo 9783846587447

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