Change search
ReferencesLink to record
Permanent link

Direct link
Empirical properties of closed- and open-economy DSGE models of the Euro area
Stockholm University, Faculty of Social Sciences, Department of Statistics.
2008 (English)In: Macroeconomic dynamics (Print), ISSN 1365-1005, E-ISSN 1469-8056, Vol. 12, 2-19 p.Article in journal (Refereed) Published
Abstract [en]

In this paper, we compare the empirical proper-ties of closed- and open-economy DSGE models estimated on Euro area data. The comparison is made along several dimensions; we examine the models in terms of their marginal likelihoods, forecasting performance, variance decompositions, and their transmission mechanisms of monetary policy.

Place, publisher, year, edition, pages
2008. Vol. 12, 2-19 p.
Keyword [en]
open economy, closed economy, DSGE model, Bayesian inference
National Category
Probability Theory and Statistics
URN: urn:nbn:se:su:diva-58557DOI: 10.1017/S1365100507070101ISI: 000254509500002OAI: diva2:421243
authorCount :4Available from: 2011-06-08 Created: 2011-06-03 Last updated: 2011-06-08Bibliographically approved

Open Access in DiVA

No full text

Other links

Publisher's full text

Search in DiVA

By author/editor
Villani, Mattias
By organisation
Department of Statistics
In the same journal
Macroeconomic dynamics (Print)
Probability Theory and Statistics

Search outside of DiVA

GoogleGoogle Scholar
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Altmetric score

Total: 119 hits
ReferencesLink to record
Permanent link

Direct link